There is a difference.Flips are flips because the upgrades are sold new with the labels still on the appliances.If you live in the property for two years, sure, it's upgraded, but it will not be considered a recent rehab.The key is lived in.

The neighborhood stands to be in the range of $250k-$500k for most upgraded properties.

Costar changed recently and they kept calling me to upgrade to a $300/mo plan.

I wouldn't mind spending the time on rehab, and seeing as how I will be using a low down payment to owner occupy for a year I should have some reserve funds to do upgrades.

I know the numbers don't look good upfront but I think the possibilities are great in time once I chisel away at 15,000 in upgrades/repairs. 

One being not enough slots in circuit breaker and the other the main panel would need to be upgraded along with wiring to the subpanel to handle the heavier power.i like the point of service use you mentioned.

After a failed attempt of selling in 2015, I spent two years upgrading the property to a point to make it desirable.

We're considering listing the space on Loopnet (a costly upgrade from Costar which is free, for those that are familiar) for 3 months to attempt to lease it up ourselves before we list with a commercial broker. 

I have personal finances in place to upgrade the park owned homes or replace them and would plan on adding a few new homes in the next year.Sorry for the long post. 

That is especially important here, because it sounds like you are buying from a landlord who did minimal maintenance and upgrading over the years.