I plan to add in 1 bed, 1 bath, and close off a storage room.

I can see how this could ensure compliance with our local occupancy laws, prevent parking issues, and maybe even discourage large fish tanks (fish have heartbeats too!

From there do you want to invest in single-family, apartments, self-storage, etc?

Would you go storage units, or small commercial building, maybe a couple of garages for storage for RV's, campers, boats etc... or something else I'm not thinking of?

Here is the overview that he provided me:Asking Price $1,200,0009 Acres43 total approved and zoned spaces34 park owned homesMHs range in age from 1974 to 2000 but the average is ~1985Current rent $19,585.00/month2 vacant homes that need to be rehabbed (estimated $595.00 per month for each)7 vacant spots with power water and septic All units have central heating & air2 Wells with 3500 gallon water storage tank for all units Septic tanks for all 43 pads 2 Dumpsters for trash at $3,900/yearAnnual property taxes (real property and for MHs) are currently $6,100Owner says 2017 repairs were $41,000 I've owned and managed a lot of property but this would be my first MHP.

you want to make sure there is enough room for your house + your septic tank + your drainfield. 

Hey DavidI tried but they'd only allow a 'storage' use for an existing building I had on a property with 3 'grandfathered in" houses already on it.

We run our own septic tanks and lines, they do the final little hook up and then sign off on the work and we close them in. 

Hot Water is currently a pretty new Big hot water tank.6.

Secondly the report reference storage in an income section.