Section 179 is great but keep something in mind - you will no longer be allowed to deduct business miles - it is either or - you cannot take two bites from the same apple.

Have your guy pound the phones and call the commercial leasing brokers in a 25 mile range area.

I was basically just curious if anyone else has experience in this hybrid type of park and/or could give me any local area advice/expertise.The property is 1/2 mile from Lake Conroe so I'm confident the "vacationing family" or "Houston commuter" would be enough to fill the units.  

I have capital in savings that would reduce the loan by half, but plan on using that for a down payment on my next purchase . 

If I were single, I would buy a duplex and rent out the other half.

If I had turned each one of those into a rental and continued with my (well paid) full time job, I would have already  been sitting on over a half million dollars in real estate by the time I actually started "real estate investing."

Minor diy work with little contracting like adding a wall to make a 4th room (old owners took the wall down a long time ago), restaining cabinets, backsplash, flooring, paint walls, tile, crown molding, add tub to half bath by knocking out closet, fixing up the master bedroom en suite, etc.

Ian Barnes True, CA has the most expensive permits and has the longest wait times, well, depending on the city most of the time, but they mostly have half day offices and half day inspections, and most don't have Friday offices (la county law). by volume, they flood review paperworks to third party architects which in turn review turn around for 1 week, then by the third correction, it's now week 4.

The old man that owns it, apparently also owns half the modest sized town and his heirs just are not real estate people.

My better half is actually from your area!