Nicholas DiLeon is a partner at Leon Real Estate Partners, specializing in high-cash-flow asset classes including multifamily apartments, warehouses, and RV parks. With a background in corporate real estate and a portfolio encompassing over 1,000 units and lots, Nicholas is an expert in identifying undervalued "mom-and-pop" operations and implementing institutional-grade management to drive growth. In this episode, he explains why RV parks have become a compelling alternative to traditional multifamily investments, offering superior double-digit cash-on-cash returns in a fragmented market. Nicholas shares tactical insights on adding value through infrastructure improvements, navigating the complexities of long-term versus short-term leasing, and the critical importance of selecting the right operating partners for day-to-day success. By focusing on high-demand "infill" locations and destination spots, he provides a blueprint for investors looking to leverage the unique economic resilience of the RV park industry for sustainable wealth creation.