They averaged $1,900/mo during that time.

For my average rent of $600/month, 5% is only $30/month or $1 per day.  

The other 8 are worth -0- as the cost to rehab them is probably as much as their worth.So the maximum total value of the deal, to me, would be $450,000 for the park itself, and possibly $250,000 for the POHs, for a total of $700,000, I assumed an 8.5% cap rate on the land, and the only reason I went that low was because I'm assuming that the $150 lot rent is below market and can be immediately raised (the U.S. average lot rent is around $280).With the POHs, you can re-set that lot rent to any amount you want interntally day one, so there's some cushion there.You can possibly finance the newer POHs through 21st Mortgage, so you would get those cashed out fast if the customers qualify.

That said I’m spending probably more than the average TK buyer doing research, so either I will go all the way and put together a deal myself or I’ll get fed up with it and give up, as I’ve done several times over the past decade.

I did some reading on here and it seems that average LTV is 75%. 

Assuming you use only usually $100K on each loan, and on average have you funds drawn for 6 months until you refinance, you would pay about $250 more in interest using  the prime+1.5% loan.

Your average applicant will be a single people or an unmarried couple shacking up. 

More specifically what is the average time it takes to purchase a foreclosed HUD home as opposed to a regular foreclosure?

Contract lease price over what we paid averaged about $30,000. 

During to 08 crisis morgage defaults rates for multifamily where .04% compared to the average of 4% of other assets.