I have lowered prices significantly as well.In December in the first 15 days have not been that bad as i luckily get last minute reservations the same day.

You want to have someone representing you and helping you navigate the transaction.

Rent income total $2325PITI + water/garbage/sewer about $1800.No PMNet income $525 per month.If i account for maintenance and repairs + capex, i probably make only $100/ a month.My goal is to bring the lower rent gradually up to market.

Higher end parks and lower end parks have done contracts, usually renewing every year.

@David Siegel Conventional loans (i.e. fannie and freddie) require 6 month seasoning because they take the lower of the purchase price or appraised value for their LTV calculations UNTIL 6 months, when the purchase price is no longer used as part of the calculation, thereby leaving only the appraisal to calculate from.Now, there are some portfolio lenders that keep their loans in house (so they don't sell them to Fannie Mae) and thereby can lend however they want.

Hopefully, this will be the first of many to successful transactions to come!

There are Lenders that say they'll lend 80%, but THEIR appraisals may end up being LOWER than $170k!

The appraisal came back much lower (which actually worked out better for us). 

Maybe something needs to be fixed up or the price lowered.

But, see next bit about working off-market sellers for a commission.If I am working with investors looking to flip and I source the property for them, I charge the off-market seller a small commission for bringing them the deal and I run the deal as dual agency to keep the transaction friendly and on track.