I have used pro forma cash flow before to show the lender the property , while vacant, had the potential to cash flow well enough for a loan.Best of luck!

T12, pro-forma, adjusted T12?

An inexpensive parking pad option (asphalt and concrete are the standard methods) is to form a 20' x 20' square on each lot with landscaping timbers, metal edging or even railroad ties, and then filling that box in with crushed granite or some other type of rock.Replacing roads is one of the highest capital items in any park project, so make sure that your deal will support this cost.

I'm guessing some of this is expected since trailing 12 months starts on May 2020 back during the eviction moratorium.Pro forma shows 8 cap, obviously I am not paying for proforma and then doing the evicting and fixing for free, would it be a reasonable strategy to try to get it at 6.1 cap and then slowly raise rent to 8 to 9 cap or is this not ambitious enough?

I’m in Dallas, Texas and just started renting my first Airbnb rental, I need CPA or legal advice on whether we need to form a LLC now or wait until we have more properties.

If so, you need to form a syndication.

Since a lot of the deeper pockets resources are geared to the American market I was wondering if there was anyone investing in the Canadian and especially the Quebec market that wants to connect and form a peer group!

Look into Forma Engineering (Mike White).

If you really wanted to get complicated, you could each form a single member LLC. 

You'll want to form a Tripod Team: Agent, Lender & Property Management Company (PMC).Agents & lenders are transaction based, so few of them will really "be there" for you if something goes wrong after a sale.