Price is $275K, he won't carry anything back45 spaces12 lot rent28 park owned (would sell those to tenants on owner financing/rent to own to get to lot rent)5 Vacantpark homes rent currently $400-425lot rent currently $125- I think market is 175-200, but not many parks around so has been hard to get numbers3 bed houses rent in nearest large(ish) city of Florence SC (30 mins away) rent for $800-900city water and sewersmall park footprint wise, just 2 roads- 1 paved 1 dirt- and all houses in the middle of it, very small footprint, tight parkArea:Marion SC, super small town, but is 10 min from super walmart, 30 min from Florence, that is the nearest MSA (technically Marion is not in one)Marion small, slowly dying town; Florence growing, solid city/townFlorence metro good growth since 2000, like 17%, low unemployment, everything looks solid there.Numbers:I am pro forma-ing it at $150/space lot rent, 40 spaces, $6K/mo, after 45% to expenses is $3,300/mo net/mo... which is $39,600 net/year14.4 cap on property pro forma12 cap on property based on 125/mo lot rent at 40 spaces.

We plan to purchase the home outright with a HELOC we have out currently with plenty of access to funds left over. 

I would love to talk story with some of you who have been doing it awhile or if anyone out there has recommendations on wholesalers in the area or can provide insight on how to access some of the off-market deals that I'm sure are out there but I'm having trouble finding, that would be awesome.  

It's too much white on white for such a massive space.

I’m approved for an sba loan but is not enough to purchase the land and build a 6,000 square feet building. Should I wait a couple of years on the project or should I apply to purchase the land? 

The last 120k, isn't anything tangible until you access it. 

Our space is about 745 sq feet. 

I'm sitting on $1.2m in equity and cannot get access, though my business is doing well. 

Tenants expect a lot of space-like I though any yard was good but they like big yards5.

In order to do that without having access to huge sums of cash I had to use some more creative methods.