For now, my immediate goal is to pay off all of my credit card debt (should be accomplished by February 1.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

Arbitrage is one of the most challenging models to accomplish nowadays.

It is 100% the buyer's / investor's responsibility to do Solid Due Diligence before purchase. 

I don't think I can ask the seller to evict prior to purchase, although that would be the best scenario.

We accomplished that within a few months, and five years later we were doing well over $100 million per month before we sold the company.To get there, we hired top originators from our competitors. 

Have you always invested in owning the parks, or have you purchased some individual mobile homes in parks you haven't owned also? 

In 30 years the balloon payment is due to the seller and that's when the taxes are due.Coupling a monetization loan to an installment sale accomplishes the same thing but puts cash in the sellers hands that can be re-invested.

Purchase price: $225,000 Cash invested: $56,000 Purchased 4-plex from a wholesaler.

Any amount you purchase less than you sell, or any amount of cash you take out is considered to be profit. 

Congratulations on your CFA....that's a big accomplishment.