If I buy a property with Pension/401 K proceeds the moment I withdraw proceeds from these funds will be taxed.

Did you ever proceed with this?

Good luck and start doing your interviews with brokers now to get the information you need to proceed.

So it was on that basis that we proceeded with the lawyer's own suggestion to go with the umbrella LLC, only to have him come back at us and give us the bad news. 

Proceed with caution.

Depending on the extent, you may just need to remove all flooring and some of the wall covering and proceed according to the FEMA or CDC guidelines.As far as an inspection, that might be worthwhile if you have a specialized inspection.  

For example, if the home costs $90k and a member puts in $10k worth of work (500 hours @ $20/hour), then that member now has a 10% share of the investment because $10k = 10% of ($90k + $10k).Once sold and all costs have been accounted for and paid, each member is entitled to their share of the proceeds.For example: Suppose that the total cost for flipping the house was $140k and the total proceeds from selling the house are $200k.

An easy quick fix would be to sell my rental (which values at approximately $30,000), and use the proceeds to reinstate my mortgage on my primary residence. 

Because this is your first park this might be the perfect and safe opportunity for you to get in and establish yourself in this niche.There is definitely much due diligence to proceed with moving forward.

Because this is your first park this might be the perfect and safe opportunity for you to get in and establish yourself in this niche.There is definitely much due diligence to proceed with moving forward.