As you develop the park I would strongly recommend your homes be individually metered for water, sewer expense prorated and garbage paid by tenants via individual can service. 

If you're looking for a more landlord-friendly market, I personally recommend Columbus OH.

I would recommend getting a property manager there because you want someone who can keep an eye on your place for you.  

Your $80K HELOC can serve as the down payment, as most lenders require 20%-25% of total project costs upfront.

I think in this environment lenders are changing requirements, guidelines, and product availability daily.

Hi @Jon Pflueger to answer your questions requires more information. 

We do not require you to use our affiliate title companies but we do recommend certain title companies for faster closings. 

The other challenge is selling it, there is a smaller buyer pool for hospitality in a small market but that was known going in Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Daniel Carrillo if you have not connected with @Jackson Harris already, I would definitely recommend connecting with him and his partner @Jeremy Holden.

The percentages are going to be up to you There are all kinds of High interest account that require all kinds of hoops to keep them.