Purchase price: $500,000 100% seller financed 25-Pad RV Park, only 5 miles from the beach!

My first action would be to go to VRBO and look at various areas of the state - the national and state parks, etc.

As a general development rule, floodplains make good amenity areas so maybe you could sell it to the city or neighboring HOA looking for parking and pickleball courts or similar, or look through the allowed uses in a floodplain per the COSA regulations and see if anything sparks for you.

I wanted to try something close to the park with exceptional views to stand out. 

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Maryland has more than Virginia, but most of them are in Takoma Park, which has very restrictive rent control.

I sit in the parking lot of grocery stores and fast foods and look at the clientele.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Hi everyone,I am a multifamily property operator, and I am looking for some advice on where to park our reserve funds.

Your best bet is to knock this one out of the park if you want to see consistent and higher cashflow.