Therefor selling at a better price and faster than an outdated home.

Plumbing and electrical a bit outdated but in good shape.

The only option is to negotiate his new move-out date or start the eviction process.

Due to the cover graphic, I was a little worried it might have been outdated, but the info contained in it still holds true.

Marc, be sure to explain the limitations now to Lonnie deals under the SAFE Act and being a dealer brokering for the owner.There were several Lonnie threads that were brought up from the depths of BP originally posted years ago, much of what was discussed is now outdated and some comments were illegal practices.While the concept of the Lonnie deals might be worked out they need to be tweeked or modified to meet compliance issues.

Currently I want to buy the mobile home, but that one is out dated, so I am wondering what if I could tear down it, and install a new one I want? 

I feel this is an outdated way of trying to get in front of motivated sellers.

As the author of the book, I'll chime in...If you're looking for an accurate list of prices for various renovation tasks and components, the pricing the book is likely outdated for most areas. 

I've seen it before where agents forgot to fill out dates or get the right signatures and if one party doesn't agree to correct it, the deal stalls and eventually times out.

But you can defer most capital expenditures such as old roof, outdated fixtures, etc.- Since capex is not part of NOI, it is not part of cap rate.