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$325k PP 5% Down, 20-year Loan 5% Interest Total Rental Income Current:$2,550 a month $2,039 Payment to Seller every 17th of the month. 7 Pads 3 TOH=$400 per pad 2 POH=$950 rent plus $400 rent for other 1 Abandoned/Maybe tear down 1 Empty Pad Plans are raise lot rents, clean up park, infill new home, replace abandoned home or fix up. Potentially buy park touching it. To combine to a total of 13 pad park. Public Utilities, Direct Billed City Metered Water to each pad!! Negatives: Creek runs through it, no flood zone. Didn't get washed away in Helene like 5 other parks did within a 1.5 Miles of it. Part of the park has to go over the creek and little culvert and not paved. Its below a railroad track, the back part of it has a railroad that is on a bank behind/above it. The railroad has a 45 foot right away, but it will likely never be affected. Road to it, even though in city limits, is not paved by the town. Nor is the road in the park. See the park Instagram-Connorinparks

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?