However, any "improvements" made to the land are depreciable such as sewer line, well/water lines, gravel/concrete pad, etc. 

He chose very high end finishes which looked great but some materials could have been swapped out for lower cost alternatives to pad the margins a little bit. 

The LVP I get for $1.50 is rigid core with the pad built in and doesn't scratch 100% waterproof..

We could have booked a pretty swanky pad.

That furnace is still in operation 4 years later with zero problems a/c and handler works like new.And do have a wall mount CO tester in the unit..it's code.Do you need a whole new system, that's a lot of money to rely on only one bid.Like with car repairs, unless you understand the system and know the (Lingo), there will always be those guys out there who will try to sell you "Blinker Fluid" and an engine rebuild when all you need are brake pads: https://www.youtube.com/watch?

Use Zillow, Trulia, Hot Pads, rentometer, etc to look at the competition compared to your property.  

we are looking in florida. distressed or additional acreage for expansion. larger parks 75+ pads

Inherited tenant with a dog that did not go on walks outside- instead the dog used pee pads and the backyard exclusively.  

We then put a taller baseboard in and replaced the carpet and pad.

As I'm sure you have heard partnerships are certainly great for moving further along in your wealth-building journey, but if partners are poorly selected they can also temporarily put the brakes on that journey.