Well usually you have to take into consideration multiple factors but as you have said it is quite a small place so that makes it somewhat easier.

Theres rusted out junk all over the property, the property hasn't been touched (mowed or pruned in a very long time), there's a hole in the back roof over the porch, and the the inside needs considerable work.

Well for general considerations about whether to have an LLC for rental properties or not, check out-https://www.biggerpockets.com/renewsblog/2013/08/1...Read through the comments too as there's a lot of info in those too.One major comment would be, and an accountant or an entity specialist should bring this to your attention, is that rental properties and flips are two different things as far as taxes....passive income vs active income...and those should not be mixed under one LLC.

Thanks @LarryFried, I will take that into consideration. 

The lease allows you to use your money for repairs, get renters in there, and increase the value.

Maybe even a loan that takes into consideration the rental income from the properties?

Pay down debt and increase equity while cash flowing. 

Use that land to increase the park from 30 lots to anywhere from 50-90 lots.

Will my lender take this in consideration when I go for a loan?

I think REI is the best path for me to take to increase my capital with passive income and short term goals, Long term investing is not something I want to start out with.