Once a smaller park is completely stabilized, a 3rd party management solution can be a better fit.Upside - every buyer may not be seeking upside, but I want to be able to improve the cash flow and the value of the park, so I always like to see some areas where I can influence the performance without requiring the market to give that to me.  

Talk to your CPA first and find an easiest solution.

Although finding an amicable solution would be generally preferred, especially since legal fees would likely be incurred based on this strategy, I am fed up with this tenant and therefore am considering the above. 

About a year and a half ago, I thought the solution would be to teach a group, no cost up front, simply split the results and had about 50 people from Bigger Pockets signed up from Chicago, New Orleans, El Paso, Brooklyn, Phoenix, L.A., San Antonio, Austin, Memphis, and on and on.

So I was trying to define a business problem and a solution, from a business standpoint.

What If prefer not to live there - is there s smart solution?

After closing on the first property in January, I did fly out there to meet the realtor and contractor and put eyes on the house, then spent a few hours with the realtor driving around the area I bought in and other adjacent areas, both good and bad, so I would have an idea of where I wanted to go for my 2nd purchase.My realtor was indispensable for being my eyes and ears on the ground, and he traveled to the property quite a bit for things that required someone to be there (inspection, turning on gas, letting contractor get in, etc).

Julie, I don’t think they offer management, but Jim and the team at Landlord Solutions have been really wonderful for me.  

This way I am constantly reminding these distressed sellers that I am a solution waiting for them on their counter-top.

Would love to learn about any additional needs; definitely helps to keep landlord solution providers on their toes!