Price is $275K, he won't carry anything back45 spaces12 lot rent28 park owned (would sell those to tenants on owner financing/rent to own to get to lot rent)5 Vacantpark homes rent currently $400-425lot rent currently $125- I think market is 175-200, but not many parks around so has been hard to get numbers3 bed houses rent in nearest large(ish) city of Florence SC (30 mins away) rent for $800-900city water and sewersmall park footprint wise, just 2 roads- 1 paved 1 dirt- and all houses in the middle of it, very small footprint, tight parkArea:Marion SC, super small town, but is 10 min from super walmart, 30 min from Florence, that is the nearest MSA (technically Marion is not in one)Marion small, slowly dying town; Florence growing, solid city/townFlorence metro good growth since 2000, like 17%, low unemployment, everything looks solid there.Numbers:I am pro forma-ing it at $150/space lot rent, 40 spaces, $6K/mo, after 45% to expenses is $3,300/mo net/mo... which is $39,600 net/year14.4 cap on property pro forma12 cap on property based on 125/mo lot rent at 40 spaces.

You might also look into a Monetized Installment Sale to rescue a failing exchange.

Monetize your property.Charge for early check in and late check out

However, they have told me they have an interest in growing their portfolios in all markets as I may monetize my project in other communities.

Either or would work.My other option is to purchase a nicer personal home (2br, 2ba, more sqft) and rent out my current primary residence for the $400/mo net profit.

There's 3 completely empty rooms(unfinished) in the basement that I'd love to be able to monetize so I was thinking of building storage units and offering them for $45/month or so. 

It's called a Monetized Installment Sale. 

The wholesaler is simply selling paper - it's up to you to take the deal and monetize it.I recently did a wholesale deal with an investor who completely screwed it up - instead of him making a quick 10k profit he decided to slowplay the thing by dragging his feet, taking 4 months to paint a 1200 ft SFR to end up walking away with only $3200. 

Instead, suggest that he look into doing a monetized installment sale.

And legends, are very easy to monetize.