Couple of ways to improve the accuracy of your numbers:Consider adding vacancy as a % (typically 5-10%) because it's impossible to keep all unit 100% rentedNeed to add CapEx for your future big costs (roof, HVAC, etc)Considering adding a reserve for any other unexpected expenses.Keep up the good work!

Looking for general discussion, not necessarily specific feedback.How does everyone typically handle this sort of situation?

I would borrow 30k for between 6mos and a year (the seasoning term before a refinance).I know it's all negotiable, but we just want to know what's typical?  

Any back are typically resolved at close, no?

A condo which is side-by-side is essentially a townhome anyway.  

Is this typically public information?

Essentially the tenants agree rent is $XXXX and security deposit is $XXXX or $0 in your case.I would be less worried about no deposit and more worried that the tenants agree.As far as your agreement stating all security deposits are transferred at closing, if there is $0 security deposit then that is what is transferred.

If it is just the business and not buying a building or the land beneath it then it is not generally a real estate licensed activity.You need to check for each state what is or is not required.You could go on a site like Rocket Lawyer etc. and for a nominal fee ask the question.In commercial real estate transactions you can generally have consulting and other fees on the HUD-1 as RESPA does not typically apply.To look for more businesses you could look at bizbuysell.com  Sellers typically want 3 times gross profit earnings so if 100k a year after expenses they want 300,000.

Depending on what size parks you are looking for , 3rd party management isn't typical for this asset class , at least on the smaller size. 

It was more motivational than practical, I don’t feel like I could flip houses as easily as they promote at this point, they do upsale the software and the advanced training as essential but you would have to invest more money