I have 25 years experience in all forms of real estate, except mobile homes and parks. I have $100k in a SDI-owned LLC and like the potential returns I see in the mobile home industry.
I’m thinking it might be best to buy rehabbed homes to rent out before buying a park. Give me a chance to acquire experience. The main thing is whichever way I go, it has to be passive.
My main goal is to create cash flow to put me in position to retire this year. I want to be cash flowing a minimum of $3,000 a month to add to my pension. I can look anywhere since i work for an airline and can go anywhere, anytime, cheaply.
I would love to hear thoughts or actual investment ideas from the members of this forum.