, personal property stored improperly, unregistered vehicle, and all the other lease/house rule violations that a typical lowlife is guilty of ARE adequate to proceed with eviction for other than late rent in most locales.

As one court put it, "specific performance of a contract for sale of land will be decreed only if the contract is capable of being mutually enforced with results that are just and practical, the moving party is not guilty of laches and there is countervailing equity against him, and there is no adequate remedy at law available to him."

In the rental property business, they fail because they don't have adequate cash flow (because they paid too much and didn't understand operating expenses) and they don't know how to properly deal with tenants.P.S.

If you don't make these payments on schedule, the amount borrowed will be deemed withdrawn and incur income taxes and a 10% early withdrawal penalty, so tread very carefully and keep adequate cash in reserve.

The lot has utilities to it, but not on it, there is no current infrastructure there for additional homes, mobile or otherwise.The additional lot is vacant because the Seller hasn’t taken any steps in the past 7 years to do anything with it, he thought he’d put more mobile homes on it or create a self-storage unit facility on it, but hasn’t got around to accomplishing that.As to the owner carry, the Seller has entertained an owner carry in the past, he does require a strong down, your 30% would be adequate enough I believe, he would probably like a sooner balloon than 5 years, but he’d consider all options.This is what I just got back.

Make sure you have good drainage, good barrier protection, good ventilation and maintain an adequate temperature in the space.

Perhaps an adequate cash reserve as @Lynn M.

I don't believe that $300 is adequate for a make ready even if you are super cheap.

Unlikely, assuming you are spending adequate time and effort on finding motivated sellers.

It's not our job to determine whether their knowledge is adequate to play in a particular area of investing, refusing to answer questions based on this assessment.