So, most large investors are doing what's called value-add, where you improve the property to raise rents.

Hey All,Can y'all guide me with what I need to do to become a real estate agent and get access to MLS ?

HELOC is ideal to access your cash. 

Also, the number of rented units allowable can change with each iteration of the bylaws (especially in improving neighborhoods) and you may find yourself trapped not being able to rent.

I am in the process of refinancing one of the parks which will pay off the debt of that one park and I will have access $$.

Needless to say, I messed a lot of things up.Some things I know for next time:-make sure to include security deposits credit and prorated rent credit in the purchase contract-make sure to keep all addendums that may be needed saved on computer for quick access-get all the necessary documentation for rehab funding from the contractor before going into contract on the property (my lender needed his insurance, workers comp, experience, etc. and I was not able to get rehab funded in the loan because the contractor would not send this to me and it was too late for me to find another contractor)-check that title has gotten the documents correct before they are sent over to the seller-take pictures of the house during the walkthrough for insurance purposes-check for flood zone early on -give yourself a realistic timeline for closing-check reviews on title company before choosing oneDoes anyone else have any recommendations? 

Road widening, intersection improvements, etc.

So you have to be cognizant of this and make sure you are able to implement RUBS or separately meter after you buy to improve your NOI.

As well as pull some extra for improvements to the property, depending on the equity (which I know is there otherwise I wouldn’t be looking at this property)Am I missing anything?

What matters is getting a below market deal, maybe an under-managed property which you can improve upon and raise the rents.