Book recommendations Set for Life - Scott trench rich dad poor dad- Robert Kyosaki perhaps, sitting down and thinking with a pad and pen.

Unfortunately, it's pretty common. a $12K turn on a unit without capex that you were aware of is generally either poor management or they're just adding a ton on to contractor invoices to pad their pockets. 

I like markets like Reno, NV because they check a lot of those boxes—steady population growth, a mix of tech and outdoor lifestyle appeal, and you can still find value if you look beyond the obvious.Building a team is like hiring for a business—expect interviews, reference checks, and some budget padding for surprises.

I think you should focuse your efforts on house hacking but it's really difficult in Charlotte to do as there's not many duplexes available for purchase where the numbers make sense.Id suggest going the route of buying a home with cosmetic fixes required, make those and then consider renting it out and reappraising it and cash out -> repeat  Alternantively on the lines of house hacking considering going the pad split route, depends on if you're single or married or what your end goal is. 

Material costs are what they are today, but you don't need a GC padding numbers for sure. 

If on the other hand you’re renting both the pad site AND the mobile home, you’ve got yourself a business; albeit a business with a real estate investment component.  

If I remember correctly, it was so that the mortgage for that month was already paid by the previous owner and the new owner was able to collect that month's rent, giving them a small padding of cash at the very beginning of their ownership should anything immediately come up.

If I could go back in time, I would do nothing but small mobile home parks, sit on them, and trade up to larger ones (50+ pads).

Regular carpet with with pad is a horrible idea for a basement, the pad is a sponge - you are inviting a mold problem.

It's a 7 bedroom 4 bathroom property, 4500 square feet and I think it has a large potential for being converted to a pad-split with 7 rooms and would require cosmetic renovation to get there.