Something tells me that 17k could easily become 20k when everything is said and done. 20k is roughly 10% of the current value of the home.

I have been doing some reading ( I am a thorough person and I do not tend to jump into things lightly) and my interest is growing exponentially with each passing day, with the understanding that nothing comes easily and everything requires time and efforts, which I am more than willing to invest.   

A 500 space park in a primary market with a 4star rating could easily command a 3% cap rate today.

The guest house has a kitchen, bathroom, bedroom, family room, and another large room (I've thought that could be converted into bunk house type sleeping for kids)Between the two it could accommodate probably 20 people easily, in a great country atmosphere.

The law does not allow mortgage lenders to sell borrowers' homes so easily.

You can start by taking 50% of your expected rent to account for these, in low income areas it can easily exceed that.

If the rents on this property are not enough to easily cover the debt service then yes it will be tough to get a loan.

Being knowledgeable will help you make good decisions in the future, most states have them online, or your lawyer can make you a copy pretty easily.

Show the higher of the two to Fannie Mae and ask them to adjust the price accordingly.If you can't get into the property easily to get estimates, you should be able to get a ball park figure from a local contractor.

I could easily create a short form on there asking the basic screening questions for requesting a showing I imagine...or direct them to a short screening form on rentapplication.net I imagine.