I agree with adding pops of color in things like the light sconces and I have even done it in a backsplash accents. kitchen looks nice in the photos!

It's defiantly not as easy as some parts of the country but value add investing can work anywhere. 

I defiantly agree.

Nightly rentals (anything less that 30 days) requires special transiency licenses and taxes in most areas of the country.

I agree, what will you do about it in the future?

I agree with your approach for secondary suites, it's a huge help for you and your growing family to have someone helping you with the mortgages. 

Also I agree with @Madeline Burke face to face is always best.

I agree - MHU is the authority for parks.

Ok good, so whatever sale price I agree on that is the final amount out of my pocket then, right?

@Ramona Beyer,I agree with @Dani Beit-Or reply, the numbers make this a good deal, but however you have other due diligence that comes into effect to see if you should buy it (Location, Vacancy, type of tenants, etc) if you like what you diligence finds, then buy it.Now for your second question, i think determines what your interest rates are for you HELOC, if you would get better rates with a mortgage go with the refinance, also if your able to put some equity in the property you might look into a BRRRR methodCheers,Anthony