He was breaking even/ losing .

After beating my self up the 45 min drive home I came to a conclusion, this here as good or bad even if all I do is break even on this will be a lesson learned for the books, NEVER PUT DOWN EARNEST MONEY ON A WHOLESALE!!!

None of my books break this down.

Or just say $53,000  and at the bottom of the marketing piece break it down or not ?

After many years of doing shows, interning, and gaining knowledge; my break finally came!

If I can present these potential investors with a legitimate wholesaling opportunity, having transparently quantified my due diligence on the property, I believe that this could be my way to break into the REI world.After reading many forums on setting up the business side of REI, I think having a Parent/Subsidiary structure will be most beneficial, as not only will I have personal asset protection, but also because LLC's are cheap and easy to set up in Michigan. 

We have been trying to break into the real estate investing Business since February of last year.

Now as market has improved the seller is willing to break even or take a small loss to get out of it.  

This gives an ROI 4800/16700*100 of 29% before counting equity buildup; tax breaks and potential appreciation.  

Definitely - can make or break the investment.Lots of Bizarre Things in these parks - 100% - mismanagement, stigma..I think the reasons you don't hear that much about it, is that outside F&D no one really talks it up as an asset class.