Hello Eddie, I DM'ed you my contact info.Looking forward to the conversation  

If the park includes extras like bathhouses, laundry, or a store, your staffing needs increase accordingly.Infrastructure and maintenance are another big challenge.

So direct conversations with the City can be invaluable. 

I'd welcome your thoughts, and am open to a conversation offline too--we haven't chosen a realtor yet.

Life events can certainly disrupt finances, but at the end of the day, you’re running a business and need to protect your assets.Since you've already had multiple conversations and haven’t seen meaningful progress, moving forward with the formal process, like a 3-day notice, makes sense.

If the income-based valuation comes in stronger than the sales comps, that’s leverage for you during negotiation and a great data point for refinance conversations down the line.I would look at it as comps will drive the official appraisal because it’s a 4-unit, but the income numbers tell you whether the deal actually makes sense as an investment.

Prorating personal vs. rental use: If you moved in later in the year, you’d need to prorate deductions between personal and rental use.Other tax considerations: Beyond cost segregation, there are other strategies you could explore with a CPA, such as deducting expenses like property management, maintenance, and mortgage interest, or planning for future rental vs. personal use conversions to maximize tax benefits.Because this can become nuanced, it’s best to sit down with a CPA experienced in real estate rentals and cost segregation to ensure everything is allocated correctly.

For a 5–15 unit in your price range, I’d start there and have a conversation with a few lenders to see who’s willing to work with you.

For me a great wealth builder was (1) a DEFINED BENEFIT plan allowing me to defer tax on up to $350,000 per year at age 50 when I was in the highest tax bracket; and conversion to and into a ROTH 401k (all self directed) over a 5 year period at a lower bracket and a BIG discount for the non liquidity of my retirement portfolio investments.  

Happy to keep the conversation going!