Additional costs like HOA dues, neighborhood maintenance funds, and property taxes over the duration of the build should be factored into your financial strategy.The foundation of any successful partnership lies in a robust operating agreement.

Insurance falls under that umbrella - as would something like a tax lien that isn’t cleared up relatively quickly.

However, due to short seasons, and more mild winters, I'm struggling to think even 3-4 years from now that I'd pull anything more than $50K a year in rentals.Bills / property taxes are about $12,000 a year.The thing is, being single, and not really dying to work in this area (small town), I'm feeling rather stuck, as is all the equity.I'm currently not working, but very much want to move back to Chicago, a place I love, and start buying cash flowing properties.I'd suspect I would have about $900,000+ after all is done if it sold at $950K, considering the vast array of other things I've accumulated (wood splitters, machinery, tools, MCM furniture, rugs,).

A DSCR loan will be the easiest to qualify for as it does not require any personal income documentation such as W2's, Tax Returns, etc.

Going against legitimate associations and ruling authorities is a game that you will most likely lose.

Plus taxes and insurance of $20000+ X 10 years= $200000You will need a $1,010,000 loan at 77% loan to value of $1,300,000 to pay them in full.You will need a FICO of 720 and $27000 monthly income assuming you don't have credit cards or car loans... assuming Jumbo loans are qualified similar to how it works today.

Also, for the taxes did you have to file state tax returns in all the states where there are mobile home parks that is for the ODC fund?

This has always been the big downside to syndications - no tax deferral available without starting to daisy chain cost segregations and bonus depreciation.  

Taking the inspiration from the post " How to buy a tax deed at the Fulton County Tax Sale, Atlanta, GA" by Dan M.  

It saves 5% on the tax rate.