Also does anyone have any references for realtors in Chicago who are experienced in condos and rental properties?

Connect with experienced owners of this type of property.

I am looking at an opportunity to invest in my first MHP with an experienced investor.

For experienced investors, do you see a scenario where an investor would assume the properties at a reduced rate which would allow us to cash out and them the opportunity to earn some easy money while holding the properties.For example: Say if we wait, we will sell the properties for $1M.

If its college students/young professionals @Nathan Gesner gave some solid idea.If there are a lot of tenants with young kids, maybe a safe play areaAll depends who lives there

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Additionally, moisture in the basement with possible fungi growth could mean mold, which can affect air quality and require professional remediation.

Here’s a good starting point:Identify Your Target Market: Mid-term rentals typically cater to groups like traveling professionals, digital nomads, or people relocating for work.

IMO, BP is definitely experiencing some growing pains. 

Another option is renting to professionals or students who need a place for a few months.