Trash Heap mobile home park

[Chase Olson]

There is a MHP in my town for sale that looks as if every mobile home in it, is competing to see who can cook the most meth.

what sucks is that its actually in a decent part of town. Its currently for sale at a 7 cap and the owner is claiming the rents are far beyond what you would believe just by looking at it. I am friends with someone who lives across the street from the park who says that there are questionable people who come and go at all hours of the day and night.

Problem tenants aside i know i can make this into a decent park, but not at the selling price. Any tips on how to negotiate this with the owner.