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Roll-Up — Advisory Proposal

Emanay ParkPro Ventures
✓ Signed & Executed — Engagement Letter in effect View the original signed document: Open Signed PDF →
Modernizing Transaction Advisory

Roll-Up — Advisory Proposal

Emanay  ·  1221 Brickell Ave  ·  Ste 900  ·  Miami, FL 33131

Scope of Work — Page 2
Executive Summary

Further to ongoing discussions between Joe & Mark Accardi dba ParkPro & Ambitious International (the "Client") and Emanay, this proposal outlines a comprehensive advisory, operational, financial, legal, and acquisition execution mandate required to design, launch, and scale a multi-park RV / MH Park Roll-Up Platform (the "Program").

The mandate establishes institutional-grade infrastructure across strategy, corporate structure, accounting, financial modeling, legal readiness, operational systems, and transaction execution. The Program is designed to support disciplined acquisition velocity, KPI-driven operational oversight, and long-term scalability across multiple geographies and asset types.

Scope of Work — Page 3
Program Overview

Emanay proposes a comprehensive advisory, operational, financial, legal, and acquisition execution mandate to design, launch, and scale a multi-park RV / MH roll-up platform ("the Program"). The engagement is organized across three major phases:

This framework establishes institutional standards, operational discipline, and full lifecycle transaction execution capability.

The Engagement Sprint Fee includes all:

Phase I — Sprint (60–75 Days)
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Engagement Sprint
The Engagement Sprint creates the full platform architecture required to evaluate, acquire, integrate, and manage RV / MH parks at institutional scale.

i. Strategic Mapping & Corporate Structure Implementation

6-Week Financial Sprint (Included in Engagement Fee)

ii. Financial Modeling & Accounting Infrastructure

Scope includes:

The outcome is an institutional-grade, bankable financial backbone.

* Any target or park outside the Sprint scope will be evaluated and priced within 72 hours.

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iii. Legal Infrastructure (Foundational Setup)

Emanay prepares the Program for immediate acquisition execution following the Sprint.

Attorney Fees — Law Group Initial structural work included within Engagement Fee. Additional acquisition and financing legal work is billed separately at $500/hr pursuant to Emanay's standard carve-outs.

iv. Operational Integration & Acquisition Readiness

Scope includes:

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v. Strategic Operations Advisor — Christian Torres

Christian serves as Strategic Operations Advisor and Director of Property Management, providing operational leadership throughout the Sprint and ongoing portfolio oversight post-Sprint.

A. Sprint Advisory Overview — This covers:

B. Post-Sprint Advisory Overview — Role & Scope:

Advisory Fees Sprint Advisory Fee — Phase I: $75,000 (50% due at signing; 50% due upon first successful close.)

Post-Sprint Advisory — Phase II & III: earned as equity
Phase II — Operations & Maintenance + Tech
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Operations & Maintenance + Tech, AI, CRM
Phase II covers all ongoing operational, financial, and legal support required to maintain and scale the Program following the Engagement Sprint.

i. Strategic Mapping & Corporate Structure Maintenance

Ongoing upkeep and refinement of the structural and strategic foundation established during the Engagement Sprint, including:

ii. Financial Modeling & Accounting Infrastructure — Ongoing

Scope includes:

Maintenance and continuous improvement of the accounting and financial systems created in Phase I.

Accounting Fees — Ongoing General Accounting (per park): $450 – $1,150 / month
Cleanup (if needed): $350 – $750 / month (pricing dependent on # of transactions)
CFO / Controller — Add-on: $6,900 / month

* Any target or park outside the Sprint scope will be evaluated and priced within 72 hours.

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iii. Legal Infrastructure & Corporate Maintenance

Ongoing legal support required to maintain operational readiness, compliance, and portfolio governance.

Core scope includes:

Additional Deal-Related Legal Work:

Attorney Fees — Ongoing All additional deal-related legal expenses are billed at $500/hr. Additional acquisition and financing legal work is billed separately at $500/hr pursuant to Emanay's standard carve-outs.
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iv. Operational Oversight & Portfolio Management

Ongoing operational leadership and monitoring of the portfolio. Includes:

v. Technology & Systems Enhancement — (recommended)

Technology can be layered in after the foundational systems are stabilized. Scope may include:

Work Fees CRM & AI Implementation — pricing at Phase II commencement
Work Fee — $5,000, triggered on transaction start, credited toward fees
Professional services exceeding scope billed at $500/hr

* All data structures required for technology integration are fully defined during Phase I.

Phase III — Roll-Up
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Park Acquisition and Roll-Up Execution
Emanay leads all acquisition execution from sourcing to closing.
  1. Target Evaluation — Financial underwriting; KPI and operational review; Portfolio fit assessment
  2. Negotiation & LOI Execution — Direct outreach; Term negotiation; LOI drafting and revisions
  3. Due Diligence — Financial, operational, legal diligence; Coordination of advisors; Diligence reporting
  4. Capital Stack Execution — Capital stack design and structuring; Lender alignment and requirement preparation; Lender-ready financials, models, and materials; Investor/lender packaging and positioning; Return, leverage, and scenario modeling; Coordination with Client-selected lenders and investors
  5. Closing & Post-Closing Integration — Drafting/negotiation of definitive agreements; Coordination of schedules and deliverables; Integration oversight after closing
Carve-Outs — These items fall outside percentage-based fees and are billed separately: LOIs, purchase agreements & closing documents; Title, surveys & diligence schedules; Debt/equity financing documentation; Investor onboarding & SPV issuances; Amendments, divestitures & other non-ordinary-course matters.
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Fee Overview
These fees apply to all acquisitions, refinancing, and exits executed under the Roll-Up Engagement on a deal-by-deal basis. Client may participate in select fees pursuant to Emanay standard attribution rules.
#FeeRateDetail
1Equity Placement Fee3%3% on equity injections; plus 1.5% annual AUM Fee (investor reporting, capital management) — e.g. Christian's Network
2Acquisition Fee2%Payable at closing; split among sourcing and negotiating parties, independent of realtor commissions
3Seller Finder's Fee3%Applicable to off-market deals with no listing agent; negotiated into seller side; split among sourcing parties
4Debt Placement Fee1.5%Applied on acquisition financing; applied to refinancings during hold period
5Divestiture Fee3%Applied to sales, recaps, partial divestitures; realtor commissions deducted before calculation
6Property Management Fee8% / 5%8% of Gross Revenue inclusive of onsite PM and operational oversight; 5% of Gross Revenue if Client uses internal or third-party PM
6Asset Management Fee1.5%For expansions, rezoning, value-add initiatives; net of third-party costs
7Development Fee1.5%Applied as costs are incurred for major development projects; net of external project-management costs
8Equity Participation50/50Equity structured to maintain a clean, institutional cap table — 50% Emanay (includes Christian), 50% Joe & Mark
Phase I — Sprint Fees Engagement Sprint Fee — $75,000 (50% due at signing; 50% due upon first successful close.)
Phase II & III — Operations, Management, Acquisition & Roll-Up Fees General Accounting — $500–$1,100 (monthly) per park*
Transactional Fees — see fee table above
Emanay Work Fee — $5,000 (transactional professional services exceeding scope billed at $500/hr)
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Next Steps

By signing below, the Client agrees to engage Emanay Advisors and its affiliated professional service entities to provide the services described in this Proposal (the "Engagement").

A deposit in the amount $35,000 is due upon signing of the formal Engagement Letter and shall be credited towards the initial Sprint Phase I.

Joe Accardi
Managing Member

Disclaimer: This proposal does not constitute financial or legal advice. Acceptance of this proposal does not, by itself, establish an attorney-client relationship. A formal attorney-client relationship will only be established upon execution of a signed engagement letter and fulfillment of any applicable requirements.
"At Emanay, we're committed to delivering bespoke advisory solutions with precision and integrity. We look forward to supporting you every step of the way."

— Emanay