I did more development ... and still do... big risk but big paydays.. and also some spectacular failures.. ergo I am still at it..

Unfortunately I'm on the North San Diego County Coastline dealing with the same delimma only with MH's starting at around $10-500k.Good luck and let me know if I can help you in anyway.

Again, I used to live in the area and I'd love to have reason to spend the summers in Ann Arbor when the temperature is Austin is over 100 -- and the Lake Michigan coastline is beautiful place to get away to for the weekend.

I'd say $110,000 is a reasonable retail buy - nothing spectacular.

I also interviewed about 5 property management companies down there, and was spectacularly unimpressed.  

Our Realtor did a spectacular job even though her commission due to it being an auction property would have been small. 

They are not spectacular out of the park home run deals, but they are solid and a good return on the money.

Thanks for the good wishes.After only  a few hours, I see this forum is spectacular and very well organized. 

I have two going simultaneously right now, one that sat untouched for 3 months because I had to snatch up another great deal when it came along, and this one was a good (but not spectacular) deal.

Not spectacular as I had hoped.