Urban vs rural investing, with land vs without
I'm just staring out with real estate investing (no deals just yet) but the more I learn, the more I like the manufactured homes niche. No banks necessarily, lower risk, great ROI and less competition. I have a couple of questions about the business hopefully the BP community can help me with.
1) What would you say are the major differences are between buying in a big city park versus buying in a rural location?
2) Should a first time investor buy a "with land" deal for a higher price or would you say it is better be able to spread your money across multiple deals by just buying the homes alone?
3) Do you think that the city of Calgary, Alberta, Canada (where I currently live) is a good market to start in or should I look elsewhere?
Let me know what you all think, pretty much any advice on mobile home investing would be welcome, thanks.