Structurally, the property is in pretty good shape EXCEPT one problem that I cannot properly assess: the plumbing will not hold pressure.

Id like to understand what the most profitable way to fix up a current 1,700 SFR in a 6,200 sq. foot lot would be? The lot goes from street to street. Plan would be to sell. 
1. Keep existing building ($850K appraisa...

Anyone doing this?  Besides lists from the tax assessor, how are you finding your deals?  

From my research you cannot sell the mobile home without it being paid off since the land is financed with the home.

My first house had a tenant in it when I bought the house and they just up and left and left the house in rough shape.

I've got a property under contractPurchase price $78K out the door (I have cash to close) Intent: build on the property which already has a functioning well, septic, and needs PGE installed Total buildout on the property utilities: $128K including the original land purchase price.

The 2008 timeframe was different and in situations a lot harder than now, but this market will shape a lot of investors that found their new market, product to focus on, and/or to dive in deeper when times get tough.   

Purchase price: $37,000 Sale price: $65,000 Land deal as is / buy low sale high.

I've been a land broker for many years with a background as a title officer before that.

There was also a large plot of land when it looks like something maybe in underconstruction but stopped....I really do hope Niagara Falls revitalizes.