You will have a difficult time selling the park with the house attached down the road even after you fill it up and improve the CAP.And a second word of caution since I am sitting here spewing advice... those two vacant TOH homes depending on condition and the 6 vacant spaces should have zero value in establishing the park's value. 

Just realize that it requires many specific conditions to be met, and has much greater risk elements that you need to be prepared to potentially go wrong.

It depends on the condition, but if it passes a 4-point inspection, I would definitely go for a novation first because they need help with bills, so you could probably support them with that while getting a retail buyer.

When walking the property, check on the condition of the units.

Could you get out of it at 0 selling it cash in this condition?

What was the condition of the property when they moved out? 

It can vary based on condition & size... but that is sort of a going rate for an average unit here.Hope some of that helps.  

They were in model home condition. 

The property's market conditions and location in Stockton made it an ideal candidate for a fast resale, aligning perfectly with our investment strategy.

What is the condition of the property?