The price points, attraction of the area, and large base of SF Homes to work with, anything that touches or is situated near I-40 shall continue to reap the benefits of being on the I-40 Line, as such Winston is no exception.

Based on your comments I would think that it was someone that had the best price.

What you need is data on what rates/costs/terms you can get on DSCR and then base your decision on real figures.  

This is a pure appreciation-based investment approach.

It's just part of human nature, especially with college kids. 

Given the above current owner is in the red every month $350 and is asking $475,000 for the park.If I am mistaken on any of these assumptions please let me know as my comments are based on these assumptions.From what I am seeing the seller is way out of whack with their asking price. 

I recommend talking to your CPA, but it's my understanding that as long as it's not a cruise, education of this nature is a write off, regardless of the country :) Again, I highly recommend talking to your CPA to confirm how to go about this! 

I don't "freak out" over opinions but I do base them on verifiable facts, not a story I heard or a guy told me.

Based on what Nathan Gesners relative is selling their 23 acres for  1 mil an acre we have about 100 to 120 million dollar prop once brought in. we have been approached by the big boys we got an offer last year of 20 mil and turned it down LOL  .. my partners are all younger than me and bought their options in their Roth IRAs  its a pretty cool long term play with some risk of course.. but oh such upside for them..

You earn appreciation based on the market value of the property, not your equity.