The problem is that I haven't spoken directly to lender yet, so a lot of this was cloudy, but I think the question that is missing from my scenario was the down-payment component. 

50k or thereabouts 50K Repair escrow Yes, if rehab is included we can hold back for that A mandatory component of the loan (unless you want to borrow 70% minus repairs).

It's hard to tell without knowing the exact breakdown of what value you are assigning to each component of these parks. 

They've decided against taking on that risk and instead are passing that on to you, their client.As landlording is a business, many of us choose not to add an additional risk component by prohibiting breeds of dogs the insurance data shows as a risk.  

Those who are self-employed (wholesaling generally qualifies) can get the additional benefits of the Solo 401k including: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

Another component I am looking for is good cash flow. 

Some places I've researched include:Statesboro Winston SalemTulsaGrand RapidsPortland SparksBuilding a team-I understand that this is one of the MOST important components of any successful investment venture.I would genuinely appreciate any advice, critique, or words of wisdom.THANKYOU! 

@Lance Marshall,There are two components to Checkbook IRA:1.

Maybe a residential loan with a renovation component piece?

I would keep it at 10% ($528.60) until you have the property inspected to determine the current condition and life expectancy of all major components and appliances.