There are no existing facilities for sale anywhere near me (I am in the Northern Illinois region).There is one big city and multiple towns nearby.

Any advice on those or other regional areas is more than welcome.  

I am looking to purchase a mobile home park somewhere between Ottawa and Toronto in the next 2-6 months.

I would like to acquire a mobile home park somewhere between the Toronto and Ottawa area in the next 2 to 6 months.

I'm based in NYC but given prices in the area, probably looking outside to other regions in NY to invest.

They're BRRR projects in Toronto.

I am not looking for a number here as all regions are different in this respect.

Your main challenge is that it's under the Fannie/Freddy minimum loan amount.You could approach some local/regional banks or credit unions and you would probably find some that will go as high as 70-75% LTV.

Also to the NPL Vice President of a major regional bank.

Residential appraisers rarely do the income approach.If you will approach local/regional banks for a commercial loan or portfolio loan they will probably look at the deal from the income/caprate approach and will require the appraisers to evaluate the property in the same manner.