Remember, no matter what path you choose, consistent action and a commitment to learning will always be the foundation of your success.

Looks good and a nice place to stay.One thing I wanted to see about is the foundation.

For example, in California, we have earthquake and foundational issues.

Leaking roofs, falling down foundations, mold rodents and past debris from previous tenants or owners.The process to buy these “pre reo” is actually a long one.

(Foundation, etc)4) Black mold, asbestos, lead paint, other other costly repairs. 5) It need significant cosmetic repairs where the purchase price just isn't worth it. 6) They may have an odd layout of the rooms. 7) Non-compliant septic.8) Trouble with permits or tenants9) Listing agent has a poor or incorrect listing.

This is the foundation of why LaPlante Real Estate is based in portfolio management and property management... my personal portfolio started in 2009 and I find the majority tends to be Section 8. 

Quote from @Elliot Rosen: Use a licensed and bonded foundation company and keep the invoices, and disclose it to the buyer.

What if the smell was coming from a broken sewer line that was back-gassing into the unit, as well as leaking all around the foundation and rotting wood beams.

If you're comfortable with waiting 3 years, maybe that's not a bad decision since the building has a foundation that isn't going to fall apart, but yeah it's good that you are figuring out what you need to know to be ready when the time comes.

Given your experience with RV parks and MHPs, you already have a strong foundation for managing mixed-income streams, which will be valuable here.