@Jarvis Smith  Electrical is a whole nother animal.. same with plumbing.. roof not so much

I personally don't like manufactured homes and at that price point, the HOA fee for the condos will eat half your rent. 

Maybe this is a good thing but I would like anyone from the community to help me going forward.Im thinking I should let her break the lease eat the cost for the winter time while fixing the property and then during the spring rent it out.

One suggestion I would give to anyone looking at doing this is know exactly what your ARV is (and keep it on the low side), know your costs going in and adding 30% to that for safety margin and DON'T overlook how much monthly holding costs are because they will eat you alive if you're not careful!

Plan that if I can't sell Retail on the MLS, then I could sell to a buyer on an installment (to avoid holding costs that eat away at profit, and get property off my hands).  

:D Great thing though, got to meet a local and eat some great food.

Commercial is a totally different animal from residential, the commissions in commercial are greater but deals take longer to set up and close.

Constructing a small vacation rental at the site is a possibility we are beginning to investigate since it seems to match what we already do travel-wise and rental occupancy rates look favorable to property owners given the right circumstances.We already own a single family rental in our hometown that has been productive for us over 15 years, but the nature of a vacation rental is a different animal altogether.  

For example, in Texas we can sometimes get 1% in rents, but taxes eat up the cash flow.

We hang out, eat pizza, and talk about real estate investing.Mat