I think with the time you’ll spend working on this, you could find 2-3 existing parks to buy in the meantime and not need to take anywhere near the same risk  

@Christopher HeidrichRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

They have assisted us with setting up our LLC's for our Flips and Buy and Holds. 

If you find a good PM they can help you find, buy, and rent a property.  

You can offer to buy the upstairs residents an area rug, but I wouldn't force it on them.   

I’d start with a smaller deal - buy a 6 to 12 unit say - raise money from your social and professional sphere - people who know you - who you have a beer with etc.

Like I said I have the buyer ready to buy. 

well, anyone that types in "we buy houses" to sell a house, was obviously looking for a "we buy houses company" right?

Investment Info:Single-family residence buy & hold investment.

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.