Lot rent fees are $220 a month and park owned rents vary in the $500 a month range.FutureThere are many improvements for DMHP coming into Spring 2019.

I'm not a lawyer or an expert in asset protection so we'll just say that we're officially out of my depth on that topic :)It sounds like you've done very well so far, why not just keep doing what you've been doing, while leveraging experts to improve your business operations?

Based on this metric alone this portfolio won't cashflow with 75% debt.You're assuming 100% occupancy and it may happen from time to time but the property needs to perform at 90% occupancy or below.Even at 100% occupancy ($18K/mo) it won't cashflow because of expenses. $5000/unit/year is $8333/mo.

I find the most important thing when going through the rehab is to make sure you are not over improving the property relative to the other rentals you will be competing against.

Exterior/amenity improvements, unit interiors roughly 50% of the total, add 3 additional units in storage space.

Exterior/amenity improvements, unit interiors roughly 50% of the total, move leasing office from unit, to extra space in building next to laundry room (making laundry room much smaller with new laundromat next to property)

I am hoping to add some simple/cosmetic improvements to the house for a good ARV.

So really right in line with historical stock market returns.The beauty of real estate is the it is 1) much easier to buy advantageously (get a good deal) than with stocks--at least for the average person, 2) you can also buy, even without leverage, properties that out perform the stock market, and 3) you can safely leverage 70% to 95% without much difficulty, making your money work much harder for you. 

Potentially lower your wholesale spread on the deal to make it more desirable, back out, buy it your self, or you could perform an option as opposed to an assignment.  

My first choice was quit claiming the property then I perform needed repairs.