Option #2, (and this is what I wanted to run by you good people) is to put it on it's own land, put a little money into it to get it looking very nice, and sell it.So here is my plan, and I know it has to be full of holes so bare with me.The home is a 1988 3bd/2ba 1269 sq ft In very good condition it is just outdated a bit.Land= $10,000Relocate MH= $6,000?

But that's just to put the amount of effort I put into Goins' program into perspective.Now of course my "business advisor" is telling me that I didn't do the course right, because I didn't pre-screen the 1,501 properties to make sure they were in livable condition before making my offer.That way I don't fit the criteria for a full refund per the 12-month $12,000 guarantee and have to pay the 10% restocking fee for the 30-day return policy.Some of what Goins teaches in the course is outdated, particularly the talking point regarding the flat seller's commission.

We served them with a month ago with a notice of termination specifying a move out date of December 31, 2014 {one month longer than what is required}.  

Southern states tend to be much more landlord friendly, and the officers don't care much for deadbeat tenants either.The Sheriff department called me in advance to set up the "lock out date".

Most of the books we read are outdated except for the motivational parts.  

Here are a couple things you can do if you want to get into real estate investing (now this is if you move to AZ, I don't know other markets):1) you can become a house hacker, you put a down payment on a duplex, triplex or fourplex you live in one and you rent the others that way you can be mortgage free or at least pay very little on the mortgage because the tenants will pay most of it (just depending on what you get and how much you put down) than with the extra money you save you can use it for your next investment.If you want to build wealth in this field you need to be open minded and see the potential so you want to get outdated properties so you can remodel to increase that value/equity of the property.

I am trying to figure out something that I could not understand. an average home 4br + 2bth 1400-1800 sqft very out dated homes are sold for 250K and  rented for 1800$ in average. 

It's been about 6 weeks since I've been quoted, so it's very possible that 5% is outdated. 

I am looking to invest in 3 bed 1+ bath SF homes that are distressed and outdated to rehab and wholesale.

@Curt Smith and @John Arendsen I agree with both of you that some of the education related to mobile home and park investing can be overly optimistic, out dated and potentially risky for a new investor.I have several parks and have been very fortunate that all of them have done very well.