@Greg Seivert“No rehab necessary” = a break in the “r” chain.

Next on payment, I think your missing the value in a tenant who is willing to work above and beyond there ability to assure rents are paid, that's solid gold.

If you, or someone else (this needs to be the same person every day),  won't have the time every day to "babysit" the rehab, if you don't have extensive experience in rehab, if you don't have a large cash savings that will be tapped during rehab process (at the least enough to cover the holding costs...and then some)...remember, there will be no income coming in during the very long rehab process, I would avoid any long term involvement that is based on a vision of gold. 

@Jeff Gold these would be the first tiny house community!

I’ve called a few and some have even said there is a two to three year waiting period citing covid + high demand + supply chain issues.

@Jeff Gold I’ll shoot you a DM

@Josh Darley instinct and gut feeling are worth their weight in gold. 

I made thousands, but it wasn't exactly a gold mine.You want to own the land, not the trailers.

Last year new construction was so crazy that prices were climbing weekly, builders were doing lotteries again, and people who were fortunate enough to sign contracts at the beginning of the gold rush ended up with homes that were worth 30k or 40k more by the time their homes were actually completed.

Costs are higher than ever, there is a supply chain issue that makes everything take way longer to arrive, and there is a monumental labor shortage in all fields.