Let’s say with your plan they make an extra $100 or $200 in fees and you lose $1000 or $2,000 in bookings.

Without accounting for management fees (I have not yet decided if I will try to self manage), and with planning to raise rents to typical market of $825 for each of the smaller units, and $1200 for the larger unit, does this seem like a worthy first investment? 

Let me know if you plan to make it so I can let the owner know and he can make sure they are properly prepared.

Are you planning on staying in that area?

If you don’t plan to sell the lots w/mobile homes is there a reason you have to split the lot?

I'm finishing up the last of my engagement letters for next year and I know many of us will have sporadic availability for tax planning after this week due to the holidays. 

A complete overhaul of the kitchen and bathrooms, including cabinets, countertops, LVP flooring, electrical and plumbing fixtures.

Your account structure depends on your goals for growth and if you plan to self-manage or hire a PM.

They plan on staying in the property of a year and when they are ready to move they will have a cash flowing property to help.  

Really the plan was 6 months there and 6 months in Vegas.