Anybody here involved in this area can give me some advice??

Prev. owner says he got a lawyer involved and the lender cannot foreclose on him...

I however had to wait the 6 months to be able refinance off of appraisal because as you, @James Clements and I all know the delayed financing prevented me from getting back anything above my purchase price and closing costs as they were listed on my HUD. can you PLEASE PLEASE PLEASE explain in further detail on what you mean by involving your lender in the HUD before closing and on "loading up/optimizing the HUD".

Not sure if you're still working on this but I've been involved with one park with a lagoon so my experience is limited but in that case it was a financial nightmare.

In doing so I and my best buddy from college are partnering up to divide the operational cost involved upfront in investing in our first purchase.

HML would probably be a great fit.

It is probably the simplest way to get involved in real estate with no experience and still get a decent return without taking on too much risk. 

Hello, I'm in search of a student housing lease and wanted to know if the BP lease, for my state, is a good foundation that I can adjust to fit my niche. 

If you don't think you can find something that fits your needs and will ultimately make you more than where you are now, however, then it really isn't worth it to move, is it?   

When you notify them that they are not the right fit for that unit, I would mention that you will keep their application valid for the following 30 days.