But tuned out to be a pretty nice profit deal for us about 650 to 700k net in less than a year.the lady got her home back free and clear and I told her do not Borrow against it ever again her kids had forced her into last time and of course took the money themselves.

Budget carefully, prioritize high-ROI renovations, and adhere to strict timelines to maximize profitability.

Oh wait the profit margin is garbage too

It’s not just about the profit margin or the cap rate; it’s also about building trust in the community.

.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.

It's probably unlikely anything too bad would happen excluding natural catastrophes but why take the risk if the profit potential isn't there?

The owner took the back end profit for his park during the life of the POHs now wants to cash in again.  

The 1031 exchange will indefinitely defer all tax on profit and all depreciation recapture.

While I don’t yet own investment properties, my wife and I have successfully remodeled and sold a home for a profit, and I’m eager to build on that experience.

May be 5 or 6 mobile homes which according to this person looked as if a 5th grader remodeled the home.I inter company document I came across stated that only 1 park was profitable.