@Michael Meade,I may be the lone voice here (and I am in no way a lawyer or legal scholar, so take it for a grain of salt) I recommend getting qualified counsel in your area who specializes in Bankruptcy and landlord law. 

I am a licensed agent in Salt Lake and have great interest in the investing side of real estate as well, I am constantly looking for the deals you are talking about.

I am a licensed agent in the Salt Lake City and I’m looking to meet with local real estate investors.

I am not a CPA though, so please take this with a grain of salt.

I'm 10 miles in the air looking at your situation, so take it with a grain of salt.

don't forget about mowing, snow plow/salt, some turnover, taxes for your manager/workers comp, free lot rent, money for your management time, accounting software, LLC set up cost Your going to have more of a greeter in a park like this, which would be free lot rent only and maybe $5 a lot...smaller parks have really thin margins...if you have 2 tenants move out, die, leave town, get arrested, whatever, you then lose 14% of your tenant base and monthly income for the property, get to 5 tenants and your at 40% which could throw your loan into nonperforming very quickly unless your willing to come out of pocket on something like thisjust to show your top gross revenue will never equal 40,000(210*14*12=35,280)just do your diligence and i wouldn't pay more than 200k for something like this...and thats a stretch or if there willing to carry some of the papersomething this small, don't turnover to a property management company because they don't know what their doing normally with a park like this and their going to charge 10% of revenue probably.

I currently live in a townhouse with 3 bedrooms and 2.5 bathroom in Salt Lake.

Hey Andrew,I would recommend Salt Marsh Homes out of Hampstead. 

If you're worth your salt and can sell that, they'll send you plenty of business.That should be enough to keep you busy for a year or two.

Hey guys just a newbie here needing some advice.So I'm currently under contract for a small multi-family in Davis County, Utah which you Utah folks already know is about 30 minutes north of Salt Lake City.