When you owner finance, your payments have interest component and principal component.

if you have a minute, could you tell me what characteristics define a deal where a preferred return does or doesn't make sense?

I use my own HELOC as a component of my real estate investing. 

This will allow you to properly underwrite the park and understand if the value-add components are realistic or not. 

The going rents in the area are between 550-600 so there is definately room to increase. 

It also had a grill component to it???

Texas law does not clearly define this issue. 

Define what will be financially necessary to reach that goal and write it down. 

So to me you have two components can the sponsor actually build it on time on budget.. and will the market support it.. 

While I am neither a big fan of our federal government or how my social security money is invested...I would like to raise a few counter points- SS also has disability components to it- SS was never meant to be your only retirement plan, it was meant to provide a base and be part of three prong approach of SS, pension and 401k/individual savings- SS was meant to provide base level of income The bigger problem for me is companies have removed pensions and lowered 401k contributions while life expectancies have greatly increased making SS possibly insolvent in the near future.