Hope it will help...Keep get curious and raise your awareness... 

The other 8 are worth -0- as the cost to rehab them is probably as much as their worth.So the maximum total value of the deal, to me, would be $450,000 for the park itself, and possibly $250,000 for the POHs, for a total of $700,000, I assumed an 8.5% cap rate on the land, and the only reason I went that low was because I'm assuming that the $150 lot rent is below market and can be immediately raised (the U.S. average lot rent is around $280).With the POHs, you can re-set that lot rent to any amount you want interntally day one, so there's some cushion there.You can possibly finance the newer POHs through 21st Mortgage, so you would get those cashed out fast if the customers qualify.

Intent to raise rent around $400.00 to $500.00 a month with student occupants for the 2020 school year.

Since this is an investment, I am always factoring RE taxes into my hold calculation but the risk of being in a high tax area is a bit worrisome as taxes have the propensity to raise faster than rents could keep up.

- Finance with a family member- Raise my own capital(If yes, what’s the best way?)

I was born and raised in Toledo, Ohio (Go Bucks!)

I told my wife we weren't going to "raise our kids twice".

I have raised about $7,000 from wholesales that I am willing to put towards the website. 

This gives you an opportunity to renovate, if necessary, and raise rental prices to market rates rather than adopting the standing lease rates.

Try substituting free & clear property as the collateral...an excellent way to raise hundreds of thousands of dollars in tax-free cash to shore up reserves, add improvements, and/or (of course) acquire more well-located income producing real estate.