Over the last decade, that gamble paid off and significantly helped grow my net worth and investable cash.  

The purpose of the trip was to establish relationships with realtor(s), contractor(s), handymen, attorney's..... 

We need to establish SOPs that can universally applied regardless of how stable the residents' relationship seems at the time of move-in.

The end buyer is taking over the purchase contract that you have established with seller.

- Should I use my own capital up front or try to partner with an established land flipping business to fund the deals? 

Also I would be curious to know if when franchising through and established brand if a business loan would be more suitable than a CRE loan.

After establishing this, the next most important aspect of this land would be its zoning and restrictive covenants.

I know that once I have more established relationships this side will probably get easier but it is painful at this stage haha.

talk to the dept of health first (records requirements etc), establish what upgrades/maintenance required, line up a reliable repair/handyman/type person, consult lawyer, and then make your offer, see if you can buy the land it's on via lot line adjustment (ideal scenario). a lot to be aware of, such as system upgrades or county code changes bringing in the requirement to add metered connections to an older small system, for just one example.Otherwise- owner doesn't want to manage, I doubt you really do either but could be wrong. 

That's gambling people.