The lots are for sale for 30k each & I can see this as a scalable business model IF I could get financing for such a property with the mobile homes already in place.

Would be a lot better terms than selling paper at the typical big discount to private note buyers...Could also be a very scalable business (just ask Movement Mortgage...) and higher margin than just brokering mortgages.Thoughts? 

Would be a lot better terms than selling paper at the typical big discount to private note buyers...Could also be a very scalable business (just ask Movement Mortgage...) and higher margin than just brokering mortgages.Thoughts?

how much effort and money are you going to sink into learning this non-scalable hobby? 

Scalability is a big one. 

More importantly, where to invest.Getting into a scalable real estate business does not happen over night. 

If you do this right, you should be able to refinance it after you are done and pull all the money you put in including the rebab cost back.You will end up with a great rental property with 70-75% LTV and your original 120k HELOC.This is a great model that will give you unlimited and very scalable way of acquiring properties.

@Stefanie ModaresI prefer Multifamily over single family for the extensive cashflow, scalability and calculated risk reduction.

I can make a good amount detailing but is not that scalable in the longterm. if possible I wouldn't mind looking into possible fix and flips.

You could invest passively in $50K each in 5 different markets and different Operators and diversify among markets and mitigate your risk and still take the benefit of depreciation and scalability etc.Now it is up-to you what your goals are and where you are in the life cycle and your risk factor.