When you're just paying simple interest based on your balance and can park idle funds on that balance, much different equation. 

Take it first hand, if you're just starting out as an investor, I would just park your $ in a REIT.  

The current owner (a person who owns several parks that I am working with to turn this park around), paid all cash & plans to renovate/build up records over the next 6-8 months, then it'll be ready for bank financing.How would you value the above park?

Does your broker know every owner of every park in your market?

Start by researching rates with some local lenders, most people recommend credit unions and local banks versus large national chains.

Net- IMO, these are a couple places where she could "park" her money and have exposure to appreciation vs inflation killing her cash.

Hilltop has areas they want you to lease land with a house on top, like a trailer park would have you do, and with all the duplexes and triplexes in Plainview, everyone is on top of each other out there.

By Echo Park by chance?

Property Details:2830 N Park Ave, Tucson about 10 mins north of downtown and the university of Arizona.

Many elderly visitors and families with young kids like condos for the pools, flat parking, and easier access.