older mobile investing

[Adam Drummond]

looking at a mobile home for sale on about 1/2 acre of land.  the home is a late 70's model 2 br 1bath.  the area is a desirable area, and not in a park.  it is also located just a few hundred feet from a small university.  anyone out there have any experience renting older mobile homes?  any advice?  the unit is not in too bad of shape.  it does have a couple soft spots in the subfloor near the laundry closet.  does have central hvac.  will need paint, floor covering, update base cabinets, appliances, etc.  i do belive that i can get a quality tenant due to the location, and that i will make it an attractive property.  i will look to have 28k invested in property including repairs, and hope to rent it for $600 per month.  thanks again for the feedback /advice.  

Adam