While these rates aren't the greatest they do provide you with the highest return and greatest flexibility.If you have any concerns about being tempted to access your money, you could also do a bond or CD ladder. 

If he is on board with that then move forward but if he has any hesitation you need to cut that guy loose because those are the ones that come back looking for money.

They were all on the same block, so that cut down on wasted driving time. 

The other concern for me is the septic systems.

My main concern is that I’m moving to a small town of 5,000 people and the prices are lower there compared to other parts of BC, however it’s nowhere near passing the 1% rule!

Concerns: Adding 5 years to our life goals.Rising Interest Rates.Less upside in a single family these days.Pulling back considerably on a comfortable lifestyle to make big mortgage payments.Thanks in advance, BP. 

My concern is that the park will be mismanaged during that 5 year period, they will not complete the contract and we will get back a less profitable park than I currently have.

I runt he largest real estate investor group in Las Vegas and I can point you in the right direction to get info concerning the the trustee sale process here and the opportunities associated with it. 

I have some understanding about the liability pros and cons but more concerned about what our existing Mortage company would do if changed all to LLC. 

If I purchase the property from him with a bank loan, how do I get my cut from the flip profit, I don’t want my cut tied up in equity?