Just keep in mind that a HELOC has an adjustable rate.

@Silvius GrantThis will be my first flip however, I'm an independant Insurance Adjuster, I use Xactimate like the contractors it's gives me a more accurate scope of work.

You don't adjust up just because the market is hot.  

And by looking at how much these comps sold for -- and then adjusting those values based on differences between your property and the comps -- you can get an idea of what your property will be worth after renovation.

This will allow you the flexibility to keep the lease and adjust with an amendment if you change PM's.

Average $671/mo-$1128006 Vacant LotsTotal $130,500The expenses that were presented seemed to be quite low to me so I have adjusted them by about 25% after doing some background work and calling local vendors that are familiar with the park.$37,500 Am I missing anything when evaluating the property?

Make adjustments to the comps for features, size, finishes and things like backing a busy road, this should bring the range in tighter.

I say don't make any major adjustments.

However some budget adjustments personally can fix that as well. 

You need to adjust the basis for depreciation that is already taken and recapture it and pay lower of your marginal tax rate or 25% on the depreciation already taken.