Often what sellers consider a discount and what I consider a discount are Universes apart.

The good thing is, it's a highly desired area right next to a lot of entertainment, shopping, and there's a university right here.

The good thing is, it's a highly desired area right next to a lot of entertainment, shopping, and there's a university right here.

@Flavio Espinal 1) You should look into the education offered by Mobile Home Park University people. 2) Look for the following books:Mobile Home Park 10/20 Investment System by Dave Reynolds, Frank RolfeMobile Home Wealth Part 2: How to Become Even Wealthier investing in Mobile Home Parks by Zalman Velvet, Stuart SilverThe New Investor's Guide to Owning A Mobile Home Parkby Laura Cochran, Erin Cochran3) Listen to these podcasts:The Mobile Home Park Investing Podcast with Kevin Bupp and Charles DeHartMobile Home Park Investors with Jefferson Lilly & Brad JohnsonMobile Home Park Mastery with Frank Rolfe

I went to BiggerPockets University, and jumped right into my first deal.

seeds of growth are often planted with blind faith and being a little naive, that grow out of nowhere.I assume it is like falling in love, when you're mind and heart are open, but not looking too hard, it comes to be, and the universe delivers.

My goal is to keep this property (as it is right next to a growing university), pay him half, and take out enough for a down payment on another rental property.

Purchase price: $70,250,000 Meridian Place Apartment Homes is located in Northridge, adjacent to Cal State University Northridge and is positioned at a nexus of transportation; residents of Meridian Place can use a variety of convenient transportation options to commute to employment centers throughout Los Angeles County and beyond.

I would continue to use those metrics to narrow down your search furtherTo get the best idea of an area I look at schools zoned for, average household income in a 1-, 3- and 5-mile radius (use esri), and closest grocery store (publix is universal in Florida, but if it is close to a Winn Dixie or a Walmart grocery center it is a low-income area, close to a Whole Foods or Fresh Market, generally higher income area) as well as the other retail in the area.

A very close family member is located in the Hyde Park area and it has proven to be a great market for graduate students at the University of Chicago.