It looks like "average valued" slots in the area are going for 1000-1100.Overall I feel like the CoC for this is a little low considering the initial cash needed.

It might be cost effective to purchase another property since: interest rates are low, deals are out there, etc.

Very low interest rate on the loan.  

If you are buying a property as a long term investment there is nothing better than locking in that low rate for an extended period of time.

See if they will accept your offer with 0% interest (or very low interest)And then they would teach you to turn around and sell the property using seller financing but raise the price by at least 10k, require a larger down payment, and put a higher interest rate.

I'm currently stuck and do not have any way for traditional funding and my credit is to low for other methods.

I'm currently stuck and do not have any way for traditional funding and my credit is to low for other methods

My recommendation is to use up your low rate traditional 30yr fixed rate loans while you can.

So if the purchase price is 950K, then that works out to roughly 17K per unit; and if the purchase price is 850K, then that works out to just over 15K per unit.Per unit prices like that usually indicate that the location might not be so hot and the typical rent will be low.

Repairs and maintenance were only $283 last year, may be a sign of some deferred maintenance on the property.