The property is right smack in the middle of a residential neighborhood so it shouldn't cost too much for a hookup. 

When those go out they have a very small building in the middle that tend to not work for most tenants and drive up parking.One of the better uses I have seen on vacant ones is like a Hertz rental car or Enterprise.The key with small commercial properties is knowing rents are below market with the current lease.

At that point, being that it's in the middle of a few stick builds, a few other mobiles (property isn't just out in the boonies here, guys, it's in a neighborhood), it may sell as is and leave the other headaches be. 

SFH in middle of nowhere in MA, may be an hour from Boston- here again not so much PM options and looming rehab issues.Turnkey or such out of state -I would go to Midwest if I was living in US- but it might take me one full day and couple flights to get there.

Great information, thanks @David Ivy

This includes even "middle" class homes that sell in the $600k - $800K price. 

For products catering to the middle/upper-middle class, you're not going to find such low-hanging fruit in any major market. 

With the quick and massive expansion in Milwaukee of higher end apartments (can't build new to rent for middle prices due to construction costs) how will that affect the small investors rent? 

There's a middle ground that will appeal to each of you. 

I am a civilian contractor stationed in the Middle East and have no primary residence in the States.