I am a full-time investor, wear a real estate broker hat, and run a construction company with family.   

In my area HOA fees run about $125-$175 a month which would cut into your cash flow significantly.

Run the numbers by him and see if it is worth pursuing... there is a good chance he already knows about the park and can guide you, or save you a headache.

If you've learned the terminology, learned how to run the numbers (accurately), figured out a strategy that works for you and have a realistic idea of the rental rates in your market, then just do it.

I am writing this here to ask if anyone has run up against this - and if they have any resources or suggestions for someone in this situation.Any and all suggestions will be gratefully considered!

On a potential property you would run the numbers, if the numbers looked good you would provide the numbers to the PML. and if the PML liked what they saw they would give you the green light to purchase the house at auction with there money and you would have your house without any of your money.  

An owner has to run the property as if a deal will fall apart, so they aren't going to get rid of their cash flow.

Does anyone know an agent who wouldn't mind running comps for me occasionally?

Just wanted to point that out because some people get confused thinking that what you do with a turnkey after you buy it or how you run it is somehow different than any other rental property, and it's really not. 

The city is horribly mismanaged and the constituents keep electing morons to run it and make bad decisions.