I spent a lot of time on roofs in my younger days, I just don't feel it's worth the risk now.Our long term goal is to generate enough passive income to at least match the current combined income of the wife and I.  

Combined with the other forums and podcasts out there you can spend a few weeks getting familiar with all this to make a good decision.But the short answer to you question is no - I would not buy this deal for $150,000 in order to run a mobile home park.  

So, I had a combination of hands on construction knowledge and management functions.

Been hooked on real estate ever since and love the fact I can combine software and real estate every day.

I wouldn't disregard modern heat pumps without real data.One caveat: Installing gas into a home that doesn't have it will significantly drive up your initial cost.  

Changing around floor plans for more modern flow. 

It's a great combination…best of luck to you!

One buyer wanted me to rebuild a chimney because it wasn't up to modern spec.  

You'll need to reach 20% equity across the 2 combined homes which allows you to essentially move equity from one home to the other in one transaction rather then 2 (refinance, purchase).

Can I, as the owner of the SDIRA, combine those profits with what would be the cash in my newly formed Solo401K into the SAME property?