If u feel comfortable with the park and it makes sense I'd go with the park I don't own any yet but I know @Jim Johnson acquired his 1st mobile home park over 1000 miles away from him ,and @jeffersonlilly is a guy u should talk to as well,I'd go to a mobile home boot camp first though ,owning a mobile home park can make u very cash rich or leave u dirt poor

For people who have flipped before, what would be the absolute worst thing that could go wrong in a deal that would leave u stuck paying back a loan on a deal?

RED FLAG from the beginning to end.. trying to suck U in.. i bet he gets  a few takers.no one sells 750k houses for 250 in todays market.. and as you know being and agent EMD go to title co or closing attorney not to sellers.. thats just plain nuts.. 

Central near the U of A and below Grant Rd are ok, depending on the area.

If u r comfortable then go for it....if it were me I would say no.  

Old Chinese proverb: "The best time to plant a tree was 20 years ago.

Will keep u guys updated.

The downside is if you are a nonaccredited investor, there are very few choices for first trust deed funds. this is the niche I have filled.. first trust deeds on fully rehabbed houses so no risk there.. and U don't need to be accredited since its one note one investor.. 2000 plus notes and climbing !!!!

For instance where I live just outside the Atlantic City, NJ  area ,  there is a ton of property owned by foreign nationals, especially the Chinese nationals.

Thank u