No problems here.However from January 2016 until when I sell it, I will have no rental income and therefore operate at a loss.

The prevailing formula is 72/84For a park where the tenants pay water/sewer: Lot Rent x Occupied lots x 84 = Price at a 10CAPFor a park where the park pay water/sewer: Lot Rent x Occupied lots x 72 = Price at a 10CAPKeep in mind this formula only shows you what the potential of the park is under normalized operating conditions.  

Do you only like to operate in a certain area of MA?

We are Realtors/Investors operating from our RE office (Top Bragg Realty & Prop Mgt) on Raeford Rd so I'd be happy to meet with you to discuss any upcoming projects.

Title companies are regulated by the NJ Department of Banking and Insurance, and we operate under the same guidelines as any and all settlement agents in the state of NJ.  

The issue with ONLY using this method as a way to invest is that it fails to take into consideration: 1) vacancies and bad debt (i.e. uncollected rent); and 2) operating expenses (including: taxes, insurance, repairs & maintenance, capital reserves and utilities, property management, super(?)).

He operates three or four of these now under his nursing license.

For example if your net operating income is 5,000 and your debt payments will be 4000, that is a debt coverage ration of 1.25 (5000/4000=1.25).

I would discuss the operation of wholesaling frankly and openly and be prepared to backout (ie drop the attempt) if you sense any push back.Be aware that wholesaling and brokering look exactly alike to the lawyers and brokering requires a license.see this topic on the issue

I found it to be one of the most affordable for smaller operations.