One would think that the government understands this and would pursue legislation that benefits investors in some way.

However, the cashflow is unlikely to make up for the increased equity gains, reduced vacancies, tax deductions, and other benefits that come from diversifying.I recommend you build a strong foundational understanding of real estate investing.1.

Since property taxes can't be avoided ( although I think there's legislation in north Dakota to eliminate them), I think that Arizona and Nevada make good choices.

I would also type in tenant applicant's email address to see if it is actually their real email account or just something they make up for your application only (not a good sign). 

Fund managers do not care about individual investors unless they make up more than 5% of it, and if you're an individual investor that is more than 5% in a fund you just put yourself in the aforementioned risk territory. 

In the best interest of everyone involved, I would change the lease agreement to reflect the change in household makeup and responsibilities. 

So really you’d need about 5 years of 15%/yr (probably not going to happen.) to get to $392k, Pay $40k in income taxes, and make up the $85k in income you lost by selling and be left with $268k

If there are less hours available to an individual, other people need to come in to make up the workload which has led to more people having a job, but not necessarily a more productive economy.Check out the graph here and go back 10 years:https://tradingeconomics.com/united-states/part-time-employment

Make up some lowball assumptions for rent and expenses, use that to justify a lower offer, and let them know that based on the information at hand this is the most the mobile home park is worth.

When your working with a large number of units managed by a moderate number of paid employees who make up the property management team, there's a daily, weekly, and monthly schedule when certain processes and duties are performed.