Currently in negotiations - how feasible is a 2 week DD period? Seems too short to me, but haven’t been through it yet. Would love everyone’s insight. Also what would I need to have ready in order to successfully execute it within that timeframe?

Would I open a bank account under my main (WY) LLC or do I need an account for the park specific LLC? My plan is to have my WY LLC hold my IL LLC for the park I'm purchasing. I currently have the WY LLC set up, but want to avoid any extra LLC fees just in case this doesn't go through.

What is everyone offering on a seller finance? The park I'm looking at was last purchased in 2019 - would the 4% - 5% range sound fair?

Hi everyone! I live in Chicago, and target deals nationwide. I started in MHPs for the tax benefits, and stayed for the opportunity. On New Years Eve, I closed on my first park in MN after starting MHPs in mid November. It's an 18 pad park with 15 vacancies, so I am looking for creative ways to fill up the park. I bought it on owner finance, and I am excited for the day it makes money, because it sure doesn't right now. I have a land flipping business and sales background, and I am finding that the skills are very transferrable. I am now running a full marketing funnel for MHP deals, along side my land flipping business as I scale. My goals for the mastermind are about becoming more familiar with the industry as a whole, and rubbing shoulders with industry leaders! It also wouldn't hurt to learn how to fill some of these vacancies. I don't want to take down every deal I am sourcing as well, so I am excited to hear what your investment criteria are, and see if there is a way we can work together on them!