The property is located in an area with 1M dollar homes, but a single parcel (not in a neighborhood) and propane

Keep in mind, if doing an LLC, everything must be done through that LLC - mortgage, bank accounts, rent collection, insurance policies, etc for there to be a wall between you and whomever would target a lawsuit against you or that property/LLC.~ Lindsey

Contract marked owner occupied, there is NO tenant in subject or proof tenant moves out, no rent back from seller... you cannot use rents to qualify, do not rent the property, there are ways this is checked and considered dishonorable.Your wife and children can move in and you can come and go as your service requires. 

Rents Down 20% Yuck.  

Bottom line is to focus more on the exact location you will be working in and have good reasons for it, then the deals will come.

Where's your RV Park located? 

The market vacancy rate held steady at 11.6% compared to Q4 2023, while asking rents declined slightly by 0.5% quarter-over-quarter to $234 per unit.

Should I just keep at it and know itll eventually get rented?

Increasing vacancy often means keeping rents low and offering concessions.And while you will sometimes see "merchant builder" developers self manage with their lean team to just get a deal ready to sell, this deal is managed by Willow Bridge, who manages 180,000 units.  

The market has now experienced six consecutive monthly declines in asking rent, for a cumulative total of 1.2%.