One unit was a cold shell in buildout for occupancy when I took ownership.

They can also point out any structural issues or potential changes.  

It was not in the best shape structurally but had three tenants paying rent totalling $2k/month.

I have an off market opportunity and was hoping to get some advise on how to structure it.

Emad, I am an attorney and frequently organize tax-efficient investment structures for foreign investors.

It's worse than you think, though, because the building standards are absolutely horrific and the developer abandons the property the moment it can get away with it, and the common areas and structural components are not kept up by anyone. 

You also need to determine if you need any Contents coverage (for your property at the location not the tenants) or Detached Structures (garage, shed, etc..)Good luck with the purchase

@Rick Martin when you say "....I could take my gain and invest it into a real estate syndication" do you mean invest alongside the syndication in a TIC structure or are you referring to a DST?

Some individuals may not be familiar with the website or prefer to use a different method for various reasons (tech problems, how they set up accounts, income structures ect).

To protect yourself from big losses you should value the park based on the portion of rent that can be allocated to lot rent and if you have to value the homes then value those based on shell value or what you can comfortably sell them for.