All should be taken into account when investing, but it is risky to be dependent on appreciation alone for an investment.Given what you've said, it sounds like the value of the property should be going up so I would definitely hold onto the place unless you can uncover other opportunities where you strongly believe you'll be able to generate a higher ROI by selling. 

Their entire business model surrounds purchasing land inexpensively.We have found that, in the time it takes to develop an urban tract of land, you could have flipped 20+ properties to professional developers and generated much more equity for your self without the risk associated with development.Hope this helps and I wish you the best.

Also, the interest rate is fixed from the day you initiate that loan.

Has anyone used/ purchased RVM Lead Generator?

I was initially looking for rent ready as this will be my first buy an hold for the long term and was hoping for 200+ cf per month but with this market it looks closer to 100 or less.

The park was established in 1938 and has never been sold ( been in the same family for generations) so your probably dead on about that one.

You don't have a MHP, you have a horizontal apartment building as Jefferson Lilly says.You don't capitalize the rent portion generate by POHs.

What if i also had 1.8 mil initial invested.

So many people are being led into the home flipping business and have tons of gurus teaching on lead generation, follow up and closing deals.

I also tentatively plan to refinance in roughly 2 years in order to pull my initial investment out of it (BRRRR strategy with a slower refinance).