No deal is risk free, but this sounds like you have a huge buffer if things don't work out or if you decide REI is not for you.

If that doesn't work out, let me know and I will send you a referral for a loan officer in my company down your way?

All in all the air B and B if managed right can work out pretty well.

Chris work out of their Dayton office, they also have a Cincinnati office.

A good rule is to plan 10% of your Gross Rent for each of these categories and if your numbers still work out to $100.00/door then you are doing pretty good.

The person I designate to watch over the park did not work out.

But maybe your plan will work out great.

But if the numbers work out on a deal, they're well worth it. 

You'll also work out with your PM what types of repairs they can do and then inform you about, typically attached to a dollar amount, e.g. you may authorize them to make repairs up to $250. 

I have a deal in the making that I’ve never done.
Here’s the scoop
It’s seller finance.
Cash would be $159k

I would need to discuss this with my attorney but the nuts and bolts would be $184K purchase price, 7% int...