Someone will claim that they're out of compliance and there will be case law developed around this matter.  

I'm also interested in multifamily purchase and/or development, residential development, mobile homes and any weird creative strategies.From what I've learned so far capital gains are best, timing the market is more important than location, the less sexy it is the less competition and better returns, real connection is better than speed networking.  

I'm trying to understand how to reduce the uncertainty in feasibility analysis of a property development, and I thought some of you here might be able to comment from your experience.

I devote at least an hour to two hours a day working on some aspect of my business either through personal development or real estate education.  

Come to one of the meet ups at The Ram in Lakewood, you will meet a few people doing a wide arrange of RE investing (Wholesalers, Developers, Remodelers, RE/Insurance/Mortgage Agents, Home Inspectors, General Contractors and those who are brand new finding their way).

My most important criteria for investing in private placements is the developer's/syndicator's track record....show what you have done in REI.  

It's extremely helpful to develop my strategy. 

I use Smartmove from Transunion but I recently saw that rentecdirect, the software I use has this ability too.

What accounting software do you use for your mobile home park?

That makes sense @Mike Hurney, I'm always looking to develop my networking abilities.