Homes are still meeting 1% rule here as well, so you will see a good balance of cash-flow and appreciation.

They typically don't have a balance sheet per property which your tax professional will need (tax basis for each property including land, building, CapEx, capitalized loan costs, accumulated depreciation, accumulated amortization, etc). 

The LBP and balance yes - the financial part was recent.

You mentioned it was 3% interest only however the math calculates to a payment of around $3950 a month if it is amortized at 3% and 30 years starting with a unpaid principal balance of $937,000.  

You can find a traditional HML and combne that with a secondary lender (also called gap funding) for the remaining balance you need as the borrower.

Areas with a healthy balance of supply and demand will have more motivated sellers and active buyers.Consider Price Points: Target markets where homes are priced in the sweet spot for investors, often between $100k and $300k.

The plan is to give her 10% downpayment and the balance is seller financing.

The deferred origination fee is paid to the lender when the loan balance is paid off, so the borrower comes with in with less money down at the time of closing, but is on the hook for the fee once they successfully pay off the loan. 

Overall a decent balance.  

This will help to minimize legal liability and any concerns that could arise regarding employee theft (We plan to retroactively count the RV rooftops present at noon each recorded day (every 30 days), and compare it to the park management software/bank statements as a system of checks and balances.