It is a fixer upper, so we are doing some of the work on our own and also contracting out some of the projects such as kitchen remodel, floor replacement, master suite upgrade, etc.

Commit, and master one arena before expanding into other ideas.  

Planning to move to the Denver, CO area in a few years (currently getting my masters degree).

With this spreadsheet, you can also count for Airbnb rental arbitrage alongside your traditional, buying and Airbnb-ing the property.https://docs.google.com/spread...Posted on the Google Drive link above, it is the master copy for you to simply download or copy and save to your own Drive.

This store was presented as a NNN lease and certainly the master lease is written such that the tenant is responsible for repairs, maintenance, landscaping, insurance, property taxes, damage etc.

As you suggest, you could enter into a master lease from you (master lessor) to the LLC (master lessee), who would then rent it out (as sub-lessor) to a tenant (sub-lessee). 

Here are a dozen things that can destroy you with a mobile home park:1) Paying too much2) Bad market (small metro population and low home prices)3) Bad location in that market (undesirable part of town that nobody wants to live in)4) Bad infrastructure (failing roads, utility lines, etc.)5) Private water and/or sewer6) Master metered electric and/or gas7) Density too high so you can't fit new homes on the lots8) Mostly 1960s and 1970s homes on the lots, as they will end up getting scrapped as people move out over time9) Low lot rents that make the whole business model not worth the effort (like $99 rents in Mississippi)10) Inability to get or retain traditional financing11) Environmentally contaminated12) City or state permit problemsThe bottom line is that -- if you are going to seriously buy a mobile home park -- you need to educate yourself on this niche.As far as finding mobile home park deals, there are basically four methods used:1) On-line (Mobilehomeparkstore or Loopnet)2) Brokers (over 50% of the 200+ parks we own came from brokers)3) Direct mail to park owners4) Cold-calling park owners

I am considering purchasing a small flip in the southern Florida area and am concerned with the size of the master bedroom.

I hope to get my masters in Business Administration.

I rent one for $925 and the other for $825, leaving me to pay $86 toward my mortgage and $300 in utilities for the master bedroom.