3bd 2ba on a large lot. What are my options?

[Menon Whitsitt]

Hi,

I am about to close on a rehab property with plenty of potential for either a hold or a flip in the Awendaw area near Charleston SC. The house is situated on a 1.5 acre lot that appears to back up to river front/marsh land. I am having a survey done to determine the exact boundaries next week. What are some ideas that can maximize the potential of such a large piece of property for a relatively small price? Maybe a mobile home behind the current house? I went into this with the idea of a flip but if I can make good use of the property it might make for a better long term hold.

I appreciate any input,

Chris W.