It is across from a golf course, so that offers some unique marketing oppurtunities.The Plan : Refi after 18-24 months ( BRRR ) and keep the park long term.Improve the site, clean up, minor landscaping and painting of the exterior of the park owned mobile homes.

Offer something unique with your rental if you have to, but it's just 1-3 people you're trying to get to rent from you out of all of Chicago, you're not going to have near the problems like someone trying to keep 500+ renters in Chicago during a recession.

@Bryan LaufenbergThis question is tabled, discussed and debated alot on BP. 

You'll still have to come to the table with some money, just maybe not 150k. 

Providing good and accurate comps for a wholesaler who doesnt have access to MLS is one of the most valuable things you can bring to the table.

@Cody HallWhat you should do depends totally on your assets you bring to the table: time, money, credit, debtAnd what you need.And what you want out of investing.Generally those who turn to investing need to look at the following.Debt: if there is a lot of debt,and they don't cash flow with current circumstances to serve that debt, they need to choose strategies that create chunks of cash to pay down that debt.

Cross posted*I am in a unique situation and would like to know what you would do.A little back story- My husband and I were in the beginning stages of building a new primary residence.

Some options:-Up his interest rate/ percentage of the profits to account for his risk-cross collateralize -sell somethings you own to bring some cash to the table

Oh, and Closing cost of the table.

House hacking, buying a distressed property, or buying a distressed multi-family property are all on the table.