I believe you have to give a deposit equal to the credit line, so you can't really be denied for a less than perfect credit history.Discover has a secured card, and it can be converted to a regular card:https://www.discover.com/credi...

My main buyer will have the first choice at 55k which is 13% return.

@Brian Jaime yeah that makes perfect sense.

My credit history is perfect, but my score is low (~640) thanks to a high debt to income ratio.  

But if they were all 1990s in perfect condition, that's only a value of $70,000.So the absolute most this deal is worth is more like $175,000.But even then, there's the issue with well water and septic -- private utilities on parks that small is often a suicide mission as if one goes out the cost to put it back in service will destroy your numbers (remember that it costs the same to build a well to serve 100 lots as it does 10 lots).Just trying to keep you out of trouble.

Relocated last summer from MA to Portland, OR.Fyi - My spelling is not perfect as you have already assessed. 

Price seems perfectly reasonable to me for a major metro area.

to me this becomes a very personal choice where you have to weight your Options.IE your own personal financial situation .. 

Usually too expensive to work on average rental properties.Type 3 (Average Quality, Average Price)May build an occasional garage or addition, typically focused on remodeling and maintenance work.No advertising, the contractor is the sales/bid staff, no design services, office support is typically wife/girlfriend/mother.Low overhead leads to markups of only 25%+.Bids: Difficult to get a professional-looking bid from them because they would rather be making money working, instead of spending their time doing bids for free.Comment: Contractors that are perfect for medium/low-end flips & rental properties.

It's a perfect place to start your real estate investing journey.Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersWishing you the best!