We used a regional bank that has a fantastic appetite for MHP.

Cap rates have risen on STNL so in the 6's for cap rate and rates in the 3's you get almost a 275 basis point spread for return and can be passive.Retail centers lots of lenders have left the market and have little appetite for those properties.

You can find out which banks have an appetite for parks by asking the MH/RV brokers in your area, networking through other owners of parks in your area, or simply obtaining list of the smaller banks in your area and just calling them to see if they have lend on parks.

@James BarryYou begin with a bold statement that can't agree with until I understand your definition of "facts" and "assets"I have read many of the books on your list but below are a few that were missing (but that affected my thinking):Dennis Peacocke   (On the Destiny of Nations,  The Battle for the Minds of Men)Johnathan Eisen  (Suppressed Inventions and other Discoveries)The Richest man in Babylon (Clayson)Strengthsfinder 2.0 Tom RathThe Millionaire Next Door  Thomas StanleyFreakanomics Leavitt and DubnerForgive the typos,   I can add more when I get back from work.

I doubt you'll find an appetite for that any time soon.1.a.

Thank you, any help is appreciated.Down payment requirements and other terms will vary greatly depending on the project cost and value, your financials and their appetite for this type of project.

I personally have 5 to 10 houses I am usually holding that I don't want to but as they are newly rehabbed and now rented and cash flowing it doesn't bother me if I have to hang on to them for a while.So decide what your risk appetite is first then set your rules.As far as numbers go I find it way easier to work on a fixed minimum margin than percentages.

Depending on the banks appetite for loans, overall balance sheet, recent history or losses with investors, these things can change throughout the year.

Its going to be much more interesting and will whet his appetite into wanting to put it into practice.

@Xin Z. depends on your goals and appetite for risk.