Selling for 1 years worth of appreciation sounds like it would be relying on huge appreciation to be worthwhile.

If not, shopping for another lender could be worthwhile.

So, it will be a worthwhile investment. 

Hopefully you've done well on the appreciation and that will have made the original purchase, worthwhile.

My question is: if the number look good-  is it worthwhile to pursue this and look at it more as a standard multi family investment to gain experience into the MHP Asset class, or to simply stay away from park owned units? 

Even if you do find something worth while, you have people all over the world looking at and bidding on the same thing.

So a little hassle on getting two insurance policies, maintaining the paperwork required of a HOA may be worthwhile and profitable, and you might be able to automate the above processes, or someone can handle the paperwork for an annual fee.

In my personal opinion, putting less than 20% down payment will make your investment more worthwhile.

Did not think it was worthwhile.

I would like to present them with a comprehensive plan to develop these properties to turn into a worthwhile/profitable venture that can be a win for all.