If the market moves against you, it takes too much capital to fix it.Contrast that to this scenario:  let’s say that the acquisition loan was 60% LTV originally, and after a market drop of 30% the loan is now 85%.  

Quote from @Marc Robinson: I have an off market opportunity. 30 pad trailer park, only 19 trailers currently on-site 17 with MTM tenants.

This was just listed on the market, and boasted a great return.

(We had already given them a reduction on the sale price under market.) 

However right now it is VERY competitive in the tax lien market so it is going to be very hard to find something good.

Look at their marketing strategy.

It also features a minisplit HVAC system and PVC exterior covering.We plan to market it as a vacation rental, given its potential appeal to eco-conscious travelers and those looking for a distinctive getaway experience.I’m reaching out to see if anyone has experience with selling or financing geodesic domes.

Where I live, we still have a severe shortage of homes--median time on market is still 7 days and it would likely be shorter if not for delayed negations being the norm. 

So for the time being many lenders will probably look at market rates for a long term rental.I hope you find what you are looking for and it works cash flow wise.

With that, if I were the seller, I'd ask for a little more than the current market value of the land.