Practice your craft... practice writing a lot of offers, counteroffers, listing agreements, etc. so that when it is time to write a real deal, you will be comfortable. 

It also supports my claim that the "Rental/Lease Application" process that has been crafted to protect owners, has been turned into a cash cow for Agents.

My 1920 Arts and Craft 3BR home only has 1BA.

Everything I read is so positive and that can't be true otherwise more investors would be on itThe same challenges you will experience in any asset class will be present in MHPs as it relates to finding good deals, crafting the right capital stack, and operating the deal. 

@Keith Belzner There's nothing wrong with your calculations, the offer you're thinking over could work.The problem is that you're making a classic newbie mistake of trying to craft an offer based on what you think the seller might need instead of what he actually needs (or believes he needs).

I absolutely love a good craft IPA, a Stone Enjoy By or Lagunitas Hop Stupid, but my grandmother hates beer and thinks buying it is the biggest waste of money ever, but those are my choices to make.

This is element #1 of my strategy - leverage an existing track record.During our call, I pitched him on me bringing my skills (general business management and marketing/advertising) to the table in exchange for the opportunity to use them - i.e. he would enable me with his skill set and I would help him to scale, using his track record as a springboard to craft a win/win situation.

I like to ride horses, garden, hike, and make artisan hand crafted soaps.

I was thinking maybe a session on building a basic website for real estate investors, real estate investors guide to understanding social media (maybe a four part- 1) understanding the platforms & identifying what works for you, 2) optimizing and measuring success and analytics, 3) crafting the message & building your community, 4) managing the process and content creation calendars). maximizing technology/automation for your real estate investing business, email marketing success strategies, and whatever else real estate investors wanted to learn about to DIY on the web.

He and the board president are friends so the board crafted a transferable lease for that spot to that particular owner.