For investors looking for capital appreciation, Class B and C may be better investments for that specific risk profile.

Are there any specific considerations or legal aspects I should be aware of when making this transition?

I don’t have experience with that specific course.

Come back with specific questions.

Your CAP rate will be dangerously inaccurate if you calculate expenses incorrectly so let's break those down.Utility Set-up- As an overview you need to know the difference  between city-provided utilities and onsite such as Septic Tanks with Leech fields, lagoons, Wells, EtcGetting more specific what utilities are maintained by the community, paid by the community vs the tenants.I will give you a quick example, I own a park with a bunch of multifamily manufactured units of which I pay the electricity bill.

But there generally isn't a market for them as such.But that being said once in a while a DST comes on specifically designed for shorter holds and they anticipate an 180 month to 2 year hold. 

You will make several mistakes starting out and will only be worth it if you then continue to refine and master that specific strategy.

There really isn't a wrong or right answer, just an answer that works best for you. 

Tough choice but can't go wrong with either decision :DLook into the cost of each and how much it would benefit you currently once finished vs the long term (10+ years). 

Here are some specific questions I have outside of the problems with the first renovation. 1.