In order to calculate whether this is a good deal or not, you should use the following formula to arrive at a ball park purchase price:lot rent x # occupied spaces x 60 PLUslot rent x # unoccupied spaces x 30then you've got to add a resonable price for the park-owned mobile homes.So if your lot rent is $150 per month, then it should look like:150 x 16 x 60 = $144,000150 x 3 x 30 = $13,500.So the value of your park (land, hook-ups, etc) is around $157,500.

I bet with just 100k I could still sustain 3GF LOL

FHA has an added guideline on 3 and 4 units called self-sustainability or self-sufficiency (i always mix them up). basically it means that the rental income from the units have to fully sustain the PITIMI, or else its a no-go.