Mom and pop sold the park for a price that the market would tolerate.

Quote from @Remington Lyman: Quote from @Benjamin Lingo: I’m looking for advice on funding and or partners in the Ohio market. Ive

This particular commercial property value is going to be based primarily on the income it can generate (actual or projected) to the buyer.

Whole notes to be come secured interest on the actual note. 

Market insights and understanding the rental rates in the neighborhood.

Are they at market rent, or locked into below-market rates?

I would start by finding areas you actually WANT to live and go from there.Picking a place to call home simply because it has a real estate market that you feel will fit your goals is a great way to end up miserable. 

I don't think you would actually be able to purchase and maintain the policy with $750,000 replacement cost if they think it would cost $1.3 million to rebuild. 

The issue I see is that market has historical appreciation below average (not bad, but slightly poor).  

In this area, market values hit around $4.95 million, giving you a solid 131% ROI.