No home run given the reno costs anticipated to be north of 40k.

Tony what you can do with the land depends on where it is at and what is existing around it.For example a corner usually a pharmacy will pay the most money for a corner,followed by a gas station,followed by a bank,followed by a restaurant.Some absolutely want the corner but will live being next to the corner with a road easement passed through to their building.By being next to the corner you can pay sometimes 20% less or more for the lot.It's a balance of anticipated sales versus the premium the business will pay for the location.After doing land awhile you will learn how to evaluate things.Land deals are much more involved and can be a headache compared to existing properties.Land has more "one off" type transactions where for instance I have more of a system in place for helping clients with apartments each time with minor changes.Easements of a property is key with the land along with available utilities.

It will be interesting to see how Titles III and IV potentially move the needle for this, but I anticipate a lot of recission risk for operators that take non-accredited money.  

You can "buy" cash flow by putting more money down on a rental, but what happens to your cashflow if/when the roof needs replaced sooner than you anticipate.  

Prices have remained high in anticipation of the governor releasing this ridiculous restriction, where hotels and resorts are open but STRs are severely restricted.

Do not anticipate additional protections because it is a SFR.

Target resale price is $135,000 with anticipated 6 – 12 month period for resale to a home buyer securing a third party mortgage loan.

I usually use 3% as the collections expense.The next thing to do is to come up with the anticipated expenses based not only on how the park is currently operating but also based on how the park will operate with you as the new owner.

I've never paid quarterlies and anticipate never paying them in the future!

I am in the process of having the Contract reviewed to see if it is suitable for my investment purposes, assigning of contract, wholesaling, flipping... and anticipate adding an Addendum for my company's needs.Is there a Contract that is commonly used and accepted for Real Estate Investors in PA that could be shared?