You mentioned that you are planning a relocation with your wife and kids, Saint John's schools are known for being top rated schools in Florida.

- What are your rates (all fees)?

I have been amazed by how much community owners will ask for parks that are posted for sale.We had a community for sale in Orem Utah, about 200 spaces asking $40,000,000.It is not unusual to see Parks that are right in the middle of the city asking $100,000 per space but that would mean CAP rates are down to the sub 5's.

As with many areas, current rents can be below market rents and take some time to maximize cash flow (especially with interest rates where they are today.) 

They are trying to not do a capital call.My MLG Capital Funds are still paying dividends but at a reduced rate a little less than 4%.Hoping both come around MLG looks promising and there is still hope for Open Door Capital. 

I don’t mind seller finance deals but I don’t recommend them in cities like CC, the poverty rate here is way too high and I see this happen more often than not.

We do it often, the drawback is rate is going to be higher then a Fannie loan. but, we do it all the time. 

You need to talk with your attorney and tax advisor to determine the best structure for you and your goals.One big positive in LLCs, even though the cost to finance is much higher (more down and higher interest rates), when you get commercial loans, they will no longer be on your credit report.  

You should set up a separate account for your cap x expenses and your annual vacancy rate. 

It does save you money while pricing out a loan since there are less hits to the rate.