Most first time investors and homebuyers will shy away from a property that needs work and most experienced investors prefer total gut rehabs which leaves you somewhere in the middle with less competitors in the market.By utilizing this strategy, you'll get: acquisition, project management, and property management experience.

They are my main competitor here in Atlanta.They are good people, I know a lot of those guys.  

If you were paying 25%, and you got actual costs down to 10%, with your own labor as free, and no insurance.....when you add in the cost of your own labor, insurance, then add in profit, and increased costs as you grow in a variable priced model....you're going to be right at the same price of the competitor you fired. 

If my competitors start to then MAYBE I would.

You may think “oh well isn’t he/she a competitor?

In a MHP, the tenants have homeownership, so they cannot easily be "stolen away" by a competitor. 

Very frustrating as I️ now see more signs of another competitor.

If you have competitors, you made a bad purchase.A "get to know you" party is lots of fun, but I don't think such has any strategic importance to you.

(Think 200% plus) To play that game you’d be competing with millions of dollars per competitor.

I would mainly be interested in seeing the listing, evaluating the photos, the listing description, historical occupancy rate, and doing my own research on market comps to see how competitors are performing.