It might be best to consider wholesaling it and letting someone else finish the project, break even and move on.

Let’s break it down.Moving to Your Next HomeYour equity could help you cover the down payment for your next home.

If the land is included with the mobile home, there are DSCR lenders that will be willing to lend up to 70% LTV as long as it is not a rural area. 

Many carriers are including exclusions for GC commercial general liability coverage and professional liability coverage for engagements involving condos and even stricter exclusions when dealing with conversions.

If anyone could include what to look out for in a good deal and a bad deal

I would include servicing costs of the loan and licensing costs.

Just ensure to complete necessary due diligence - this can include, but is not limited to, title search, property inspection, appraisal and/or survey. 

Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines

There are clear winners in types of photos that should be included in your listing, along with examples of listings I believe achieve this.

There are at least two I found on a quick google search including Central Indiana Real Estate Investors Association (CIREIA) and INDIANA REAL ESTATE INVESTORS ASSOCIATION.