Mortggae, taxes, utilities, repairs, upkeep...far more expensive than renting. 

Think of it as salvation army for construction materials, many items are new/surplus from contractors who donate for the tax write-off.

Road material and is there off street parking?

So if we are using this business credit card to buy some of the materials for the reno, then we rent it out, then we use the cash flow to start paying the balance down, how will that effect the cash on cash return?

MHP has 57 spaces (of which 51 trailers are owned by the park), 100% occupancy, average rent is $500/month, city sewer/water, they pay all utilities, plus they pay the grass cutting bill.

Is there any owner utility costs? 

All of this would be contributing to a portfolio of experience that I could show potential investors and lenders on my own deals in the future.I feel like this might be my best shot at learning about this side of investing, on top of all the material I have read and listened to on the topic.

Are the utilities too high?

Do not conceal or misrepresent material facts or the state of your finances to vendors, creditors, or other outsiders.Fund your LLC adequately.

My parents are looking to sell one of their properties and invest with me in future acquisitions. I suggested a 1031 exchange, so that they are not taxed. However, they want the new property to be in my name. Is it po...