What would be some concerns and benefits to purchasing such a park? 

@Dave Nixon Interesting you picked up on this...small town churches are dropping like flies...I manage large capital improvement projects on institutions...just keep in mind that you'll be working with a lot of different entities, including an architect/designer, engineer, industrial compliance...likely other entities from the government and/or municipality...lots of moving parts.You should be aware of Asbestos abatement and concerns like underground storage tanks...which are very common in all these buildings you are referencing...design and abatement fees may run hundreds of thousands of dollars before the project even starts...Not saying you can't pull it off, just be aware...good luck! 

The tax implications are obviously a huge concern if I were to sell.

I have not been able to raise rent at all because they have a moratorium in place, and now more even so with all the cuts to social programs.Now I am getting hit with more real estate taxes.

If you have concerns about the terms of the addendum I recommend contacting a real estate attorney in your locality.

Agent is happy with easy money, bank is happy because you only hold a single role as buyer, brokerage is happy because they still get their cut, you're happy because you close only a couple days late vs. another 30 + fees paid.

Especially if people are asking for proof of funds.I think I am most concerned about finding a deal and getting it under contract and then that time in between obtaining the contract and finding a motivated buyer.Nate

I would need to cut the curb on the side walk to create the entrance into the parking lot as well as pour the asphalt/cement into the lot and create parking spaces.I know there are permits and levels of approvals needed to begin, I just want to get a list of companies that can do this type of work.

I keep the yard cleared of debris and nicely cut.

We've had some maintenance concerns, but overall things have gone well, this year!