Also NEVER mention even in passing something you would like to do to the property like “I really would like to install new windows or repaint the exterior of the house,” etc. because the tenants will pester you about it until you do.  

The sheriff may give you a few minutes to install new locks.

Another note to be aware of is that few lenders will finance mobile homes built before 1976.Just make sure what you're flipping is real property and not personal property.Personal property – A manufactured home considered personal property is often installed on a temporary foundation, which means that the home could be moved to another location if the homeowner decides to do so later.

All he had to do was measure and cut a hole (which he ended up doing anyway) like it's done with all plumbing when installing cabinets.3) needed to add power the new ceiling lights in the kitchen, so the geniuses removed the dedicated computer outlet, rerouted the computer outlet to an old fuse box that supplies 1/2 the power to the house (don't ask me why, I moved into the house with1/2 fuse 1/2 circuit panel).

As for the "updated" kitchen, bath and flooring, I would just make sure you know who the installer was, any permits, etc.  

Additionally, most condo's that allow STR in the HOA do not require this or it's already installed, however, any free standing property, duplex's and other properties require a fire suppression system.

If no ducts and a lack of availability to install ducts.. mini splits will most likely pencil out to be cheaper. 

We ended up getting the price down to $280,000 ($9,750 less than asking) and further negotiated for the seller to install a brand new HVAC system.How did you add value to the deal?

There are several factors to consider when deciding whether to replace the old mobile home with a newer one or renovate the existing one.If you choose to replace the old home with a newer one, some "gotchas" to be aware of include the cost of purchasing a new used mobile home, transportation and installation costs, permits required for the new home, as well as potential landscaping and foundation work needed to accommodate the new home.

All new flooring installed.