Dilemma - Purchasing a flip mobile home in a 55+ community

[Pavel K.]

Hi all, hoping I can get some advice from anyone who has experience renovating mobile homes in 55+ communities. My partners and I have a property under agreement, however we are both under the age of 55. The park's rules requires at least 1 member to be 55+ on the application, so it appears that the co-applicant could be under that age. We were considering having a family member who is over 55 to be the primary applicant, while our LLC is the co-applicant and are waiting to see if the park would allow the title to be placed under an LLC vs. the primary occupant. For tax purposes, having LLC hold the title would be the ideal scenario. We are waiting to see if they can make an exception, but not holding our breath.

Curious if anyone has dealt with similar scenarios before and if there are any creative workarounds to get the deal done?