Though I would recommend involving either the developer willing to buy your site or another student housing experienced developer to work with you either on a fee development basis (you keep all equity and developer just takes a fee for going through development process) or determine a market value for your site (via an appraiser or broker) and contribute the site to the development as equity and JV the deal with a developer, so you both see upside.There are a ton of good student housing developers out there, don't limit yourself by talking to just one or two.

You don't want a neighbor hooking onto your signal and then downloading 1000 songs from an illegal site.

In this manner you would be forgoing the building up credit phase of the LLC.

If they don't then you obviously don't have as good a deal as you thought.As for going around you, that's why you have a signed contract.

As for going forward, do your due diligence, think about your options, and when the time comes you will know what to do.

Like, say I need them to go pick up and put out a new recycling bin, they'd get paid for going to do that small errand.

So I apologize in advance for going a little off tangent since I don't know what your goals as a real estate investor are.

Hopefully you bought the park for a song and have deep pockets.I've seen a few parks turned but its a huge undertaking and very frustrating.There was a bank owned park here that auctioned, 83 sites, our bid was $113k.

The more seasoned investors are probably forgoing all inspections once the offer is made.

It's been our motto for a few years now and hey if life really starts getting you roughed up its always fun to throw on Pumba and Timone "Hakuna Matata"I do that for my lady when she gets down and we dance around the house to this iconic movie song like idiots.