It costs the borrower significantly and the deal needs to be at least 65% LTV (ARV) including repairs and interest reserves.

The final judgment amount from the foreclosing lender means littl, they will either pick a lower number closer to market value as their "maximum bid" (reserve price) or they will use the judgment amounts, or way to know until the auction occurs.  

Could you up the sales price where it will still appraise at that purchase price and have the seller give you a credit at closing held in reserve for the 80,000 to replace the elevator?

As an example, it might actually be cheaper for you to get a bigger conventional loan and hold your cash in reserves.

Private utility problems can be fairly expensive so you will need to have access to significant liquid reserves in order to properly invest in parks with private systems.  

Also keep in mind FHA is from 4-units and less and if you do the 4-unit depending on your lender, well at least mind did, you have to have 3 months worth of reserves to cover expenses.

It basically states that clients can park anywhere on the property, but I am given 6 reserved spots.

I have been bootstrapping the renovations as units come open, which has worked well as I don't have a big reserve fund and I want to keep what I have for a rainy day, (like a sewer pipe reconditioning project that just cost me 12k)With that being said there are other properties in the county that are similar to mine but are a condo complex and units are available to purchase individually on a regular 30yr fixed loan.   

You want plenty of months in reserve.

Text should be reserved for non critical communication, not fixing a significant error like this.