Country Mobile Homes on acreage... Is there an Outlet?

[Dustin Davis]

All, 

@Henry Washington and I come across mobile homes on 1-5 acres pretty regularly. They are usually 15-20 minutes from town and in need of some repair... We can usually pick them up for what the land it worth or a little below. Example: 5 acres in a decent area 15 minutes from town, 5 minutes from lake,  with a mobile which needs $10K in repair can pick up for $35,000-$40,000. We are trying to find an outlet or an option for these that works... So far below is what we have come up with... 

1. Tear down and market land - It doesn't make sense  as there's a lot of risk (carrying costs) and very little payback.  

2. Rehab and rent - again doesn't make sense as $600 is top end for rent which could be OK but your pool of renters is very narrow. 

3. Assign it to someone who knows what to do with it??? 

I know this seems pretty broad but someone out there has had to have been through this same dilemma... Thoughts?

P.S. Please ask any clarifying questions, I'll answer to the best of my ability. 

Dustin