As you may find that alternative more trouble than it is worth, here is a simpler alternative:Only speaking as to CA (but likely in most other states), if you obtain an "abstract of judgment" from the court (for a fee) and record that abstract of judgment at one or more County Recorders (for a fee), the credit agencies will pick that judgment up and report it on the tenant's credit report.

I agree it's up to him to seek CPA advice; sometimes sellers don't think of alternatives outside of traditional options unless presented with them.  

They are right on the money in this case and provide some pretty good alternatives for you.

I would rather just buy the alternate RV Park we are looking at.Thanks in advance for advice!

However, there're affordable DIY alternatives that use generalized computer models in lieu of traditional on-site studies.

I have been weighing both options back and forth, and I think I should keep contributing and work on producing alternate funding strategies to being invested into real estate deals.

PHL Home Prices Surge Amid PandemicHome prices surged by a record 27% in the second quarter, driven by strong demand for high-end residential projects and an uptick in costs amid the pandemic-induced lockdown, central bank of The Philippines said.Read more here: https://www.bworldonline.com/p...The fundamental reasons for such a bullish outlook for the real estate sector are the young and growing population, the transition of the Philippines from a low-middle income economy to a high-middle income one, and the expansion of economic activities away from the National Capital Region to other alternative metropolitan areas that even before the pandemic had already been growing faster in terms of gross regional product than Metro Manila.

The alternative route is a commercial loan and 25% down which makes the deal a lot less sweet (but would likely still (barely) work). 

So what's the alternative?

An alternative to "withdrawals" would be to take out a loan on your 401k.