Only problem long term with MH's is they won't accrue in value  if area growth occurs. 

If the underlying loan(s) have not been satisfied, they are continuing to accrue interest and must be paid in order for them to be released from title. 

The judgements with accrued interest are around $300-$320K.  

Out of curiosity, I poked my head onto auction.com and noticed 2 things.  

out of sheer curiosity .. did you buy as is then hire them to rehab for you  as that what your saying in that case this is not the absolute definition of turn key.. its BRRR you bought a home and hired someone to rehab it.if you expected them to pay 60k for it  and the it was 12 to 13k rehab to a full all in of 72k.. 

When a tenant moves out in NJ you have to give them interest accrued, so I'm assuming that would be much easier to track in a separate account for each deposit, but I'll have to look into it some more.

I went to 2 this year just out of curiosity and the first…an Armando Montelongo "seminar".

@John Horner,Out of curiosity, I called an agent I usually work with at the Attorney General office.

Just out of curiosity I looked up Mountain Home, Arkansas and it looks as if there is a college near by and quite a few potential renters for the home.  

This is more a curiosity question, because I'm already going to be out money.