My brother and I are partners in a successful flip company for the past 10 years in the hampton roads area of VA. 

Many times you can do this prior to opening escrow, but there are cases where a seller will not deliver financials until you commit and put up EMD.Initial Walkthrough - Confirm the number of spaces, the general condition of the utilities at each space, and the condition of the rest of the park and amenities (roads, clubhouse, office, pool, etc).

If you're operating in C markets and can control the market, then buy the next locations down the road. 

I want to build my way there through rentals and as time progresses, I plan on building multiple other streams of income down the road outside of realestate.

I believe he is working on completing a roll up of the RV parks in the hopes of selling it to P/E down the road. 

Should I consider more properties down the road?

I also have updated my application with a section where they can address variances to my "typical qualifications," where they can explain things like an old criminal background record (still states absolutely no evictions) or a divorce that wrecked their credit score. 

It will help with your exit strategy...down the road.

This is a great opportunity for a builder to subdivide the lots adjacently along the road and build their desired amount of homes.

I am also open to looking at commercial investments such as storage units or flex space; but that could be further down the road and require much more capital.