Property is in upstate NY (not NYC), investment property, and non-owner occupied.

I would read the other gazillion threads that are the exact same.I would also not advertise having $200k on a public forum.

If you do go this route, make certain that you have an ironclad option agreement and that it is properly recorded in the public records so that the actual owner of the property cannot refinance the property based off of the money you put into it or sell it out from under you.

Assuming California is fine with a realtor paying a non-realtor a Finder's Fee, that dollar amount is completely negotiable between you and the realtor.

Hard to run or swim with something like a big 'ol debt holding you back. 

One thing that wasn’t mentioned, which is North Carolina specific, at the very least you absolutely must ensure the borrower takes title to the property as an LLC, or just not as an individual AND the property is non-owner occupied.Otherwise, your loan will be classified as a Residential Mortgage Loan.

One of them recently sold 100+ parks to a large PE firm who will likely take that (fund) group of parks public.

Buy a few with any non-essential cash as a way to diversify, and as you keep an eye on rents, development, and mortgage rates - begin to figure out how you might finance construction.      

Most states only require a 30 day notice of non-renewal for a month to montheass, but again, you would have to check, as I am not familiar with Idaho law

We also take on the responsibility of doing maintenance, and caring for public areas.