@Paul De Luca is an awesome realtor in the Chicago area that works with house hackers. 

Properties represented as being in good working order will understand this is just due diligence and not likely to be an issue, and typically accept such terms.

I understand this will be expensive but $4,526 is also a lot to lose as well. 

Also using a percentage of revenue is inherently flawed, I assure you that whoever you have doing your maintenance or improvements will not base their pricing on what you receive in rent.That said I understand that some we need to have some convenient way of budgeting for these expenses.

It means we have to be a bit more vigilant and remember to obtain the policy before the binder expires.Similarly, make sure you understand whether the insurance company is “admitted” or not.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

I understand how to get the value of the park.. not sure how to get the accurate value of the SFH since it’s all on the same parcel of land.

That #1 strategy - buy a fixer - is a great idea that not everybody understands. 

Realize that 90% of your friends and family will also want a deal and probably think you are rich for owning a vacation home and do not understand that you most likely have a mortgage and bills and upkeep on said vacation home.  

The part I’m stuck on is finding cash buyers to buy the contracts and how to even sell the contracts I have a good understanding of how it works but it’s not really explained in detail maybe I’m just over thinking it as well thanks in advance for any help