Advice for Double Wide Flip

[Joe Pitrolo]

I just purchased a 4 bed 2 bath 2004 Mobile Home on 1 acre with a Septic system and permanent foundation.  It had a 100k mortgage at one time.  I am expecting to have around 25 to 30k in it and probably try to flip or rent to own, aka Lonnie Deal. 

    I am including some pics. I was a winning bidder and was very surprised that the unit was not destroyed inside, but mainly needs new flooring.

    Looks like laminate in the Kitchen.  With a manufactured home, for flip purposes, would you go with laminate or hard wood?  Carpet in the bed rooms?

  It looks like I will need to do some landscaping, gravel driveway, crush and run and some shrubbery.

My realtor said that she thought banks would have tougher lending standards for manufactured homes and FHA may not be available?

 I would also consider selling about 10% under value to get a quicker turnaround.

The Septic system could be a land mine if its inoperable, hopefully not.  Also, I'm not sure about the heating and Cooling system yet.