If the best you can do is study and learn and develop some mentors while you wait to attain the adult status you need to enter into a legally binding contract, that won't be a bad thing! 

Siedda forgot to put the "-" in her 57 that was intended to be 5-7 units.And I see 5-7 being totally attainable for you @Siedda Herbert!!!

This is why I try to always disclose in any comment that I may add that I am a new investor so, take it for what it is worth, and to try to attain an answer from an experienced investor.

Once you get the park in escrow, you will want to do a rent survey to confirm the $475 rent is actually attainable.  

Does the LLC make financing more flexible to attain?

You should be able to use the HELOC for the down payment and closing costs to attain a traditional loan product. 

. $5000 at 5% for a $100K property. 2) Once you know your budget/approval #, you can locate areas in the city which are in your price range. study the area and get to know property values, new developments, attractiveness for potential roommates, etc.3) Craft a plan for attaining the down payment/closing cost needed.4) Contact/locate a broker5) Start making offers6) Close.Good Luck!

A vast majority of large HOAs have amendment thresholds that are simply not attainable and therefore they can't pass valid restrictions against rentals if they aren't already in place. 

Welcome to the forum.Feel free to ask any questions you may have as there are a lot of experienced investors here who are happy to guide you in attaining your RE investing goals.Ed

I have no idea how much you make, how much you need, but I imagine you'll find that good deals look less attainable when your passive income now has to support both your lifestyle and portfolio expansion.And I have no idea what your present income is, but perhaps try to scale down from 50 hours to 25 and see how it goes?