How to use the SF lot near highway-install a mobile home.

[Grace Sunshine]

I have a lead with 6 lots near interstate highway. It is zoned as single family house, located a demanding area with good school district. I am thinking how to use these vacant lots. The neighborhood house with excellent or very good condition was sold with price 110-150K, with average DOM 2 months. Rent is about $1000-$1200/month. I wonder whether it is possible for me to buy a mobile home with cheap price, install that and sell it as a regular house ($110-$150K). Anyone here have such experience? Is it possible to do that?

Since the six lots are near interstate highway, another idea is for outdoor advertising. Not sure whether it will be approved it or not.

Thank you for your advice.