I gather that due diligence was key for you (to discover the true facts about the borrower situation in detail)?

Feel free to inbox me with some details of your time frame/budget/etc and I would more then happy to help.  

I would also be happy to provide details on the deal if you find it relevant.

Without knowing any details of the deal, I'd suggest you see what you can do to make the monthly payments more attractive for the seller.

Pm me for details.

Feel free to PM or call if you want to go over any additional details/questions. 

For the other neighborhoods I do not have any 1st hand experience in them but i'd imagine that other members here on BP can give you a detailed insight into them like I did with Cleveland.Good luck & i'll see you around the forums.

Cap rate is a good place to start, but based on sellers numbers, most people technically overpay for stuff just based on that. 

It's owned free and clear, and the details of the situation lead me to believe the owner would be interested in owner finance.  

What if you named it simply "Hilltop Park" and with that in larger letters on the sign, put smaller below it "a mobile home community" or something like that....just my two cents as I needlessly stressed picking the right name for my car detailing service business back in 07 and it paid off greatly over the years in name recognition and verbal referrals.