You owe it to your wallet to not to get caught up emotionally.Once you start talking underwater prices with someone who is hoping to come out owing nothing - there is trouble brewing!

I would absolutely replace the cabs, with 42" uppers (replacing that inaccessible area above the doors), a 24" deep cab over the reefer with a return or narrow broom closet on the left.Here's an idea I've used for an inexpensive but attractive alternative to granite for your price level: Have a local shop fab up black plastic lam tops with square front edges, and NO 4" splash.

If the price you pay for the HOA's equity plus the existing secured debts is attractive, go ahead and buy, but don't think for one minute that you're going to pull a fast one over the lender.Oh, and be careful about equity skimming jaws should the existing loan be Federally insured.

Parks allowing rentals like this attract very bad tenants and you're going to be rehabbing and doing handyman specials all day long.  

If you screen, you will not have many (or any) evictions since you can attract very, very strong tenants there. 

If the lot is already zoned commercial and by a main highway, you'd have to check the market to see what types of tenants the lot will attract should you decide to go the residential route and put a mobile home on it. 

The house was already a STR, but I spent ~$10k for light refurnishing, touch up painting and deep cleaning to make the listing more attractive.

Most other options don’t seem to have a ROI that’s very attractive. 

Website, and then attract actually motivated sellers.

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