I'd say the only real issue was the electric panels were the screw in fuses.

Regarding how I'd acquire this one, I've got a nice cash infusion ($140k after tax)  from a pending sale on a rental and also a partner who is better funded than me. 

Blake,Think about starting your journey with Wholesaling.Not only will Wholesaling will allow you to consistently locate the most discounted properties in your community, it will also give you the fastest infusion of cash.Be careful of education.

Actually having cash to put in now opens up the playing field on leverage because you can get an equity cash infusion from another source and go big. 

Trailers old and in decline, yet still rented for the most part....Price is decent or probably be negotiated to such.My question is can a MHP come back to life with an infusion of newer but used trailer replacements and some investment in infrastructure or has the long years of decline permanently turned away future potential?

However, the anchor renovation wasn't scheduled to occur until phase-3 construction, and i sold to the partners before we started phase-3, which also included an additional cash infusion. 

We took out wood paneling on the walls that had 3 layers of smoke infused wall paper beneath it (really should have just ripped out the drywall...).  

Look for the sad properties that need an infusion of capital. 

Lots of rough areas but lately getting an infusion of improvement.

A house with screw in fuses in the electrical panel is legal as long as it past code when it was built .