Newer building has seen huge increases in insurance in the past years because of the collapse of the Champlain Towers and hurricanes, but that is over and there is more competition now in the market: I have already seen the cost of insurance going down -8% in the negotiation for 2025 in one building where I sit in the HOA. 

It's weird to me that I see here certain PM praised like crazy, but their properties sit vacant for a long time because no one calls back or answers the phone. 

Quote from @Mann Phan: @Jimmy Lieu I did, but you are right I scaled too quickly, I guess I can attribute that to sitting on the bench trying to do as much "research" (2 years) as I could then I went all in.

I understand that it might be smart to have a good balance of cash in the SIDRA in preparation of something like this, but that cash sits un invested. 

In our area, a property like this could either go in 2 days or sit on the market forever depending on location, comps, and local market. 

I would sit tight.

You will have a difficult time selling the park with the house attached down the road even after you fill it up and improve the CAP.And a second word of caution since I am sitting here spewing advice... those two vacant TOH homes depending on condition and the 6 vacant spaces should have zero value in establishing the park's value. 

real estate is the same you have to work under a broker ( master) for 2 to 3 years before you can sit for the Brokers test and then work for yourself.. 

I would use the cash first, no sense in paying 8%+ and have cash sitting doing nothing/near nothing.Good luck!

A nice touch is to provide some nice metal shower curtain hanging rings already installed on the rod and a nice translucent milky colored shower curtain that fits, brand new sitting on top of the toilet tank waiting for them when they move in- so they can take a shower and not have water go all over the floor for the first few days.