I want to get into designing modular homes.

Account ClosedThe 30% you deduct represents 15-25% profit for flipper1% purchase costs3% sales costs3% holding costs3% “fudge factor” for unforeseens (many run this at 5%)Obviously, in higher ARV areas, there is more wiggle room for MAP profit margin at the discretion of the flipper...Then you hafta subtract even more for the wholesaler’s fee!

Welcome @Eric Schuster My answer to your question about avoiding areas where there's a high concentration of rental properties is: It depends.There are a lot of factors that can impact how many rentals are available at any given time and it can be hard (for me, at least) to know what "a lot of rentals" is without looking at trends (time series) over time. 

Paint simple design with stencil in corners or beaded edge with painters tape around perimeter.

I think it is the eww factor that you have to get over.

Maybe your plan factors this in.Before making an offer, I would have my lawyer check the bylaws.I hope this works out for you. 

There are many factors to consider when transitioning from "smoking allowed" to "smoking prohibited", the biggest one being the human element. 

@Jordan Bochner, If underneath are some nice solid sub treads (good condition 2x or plywood), you can use anti-slip paint designed for steps & flooring (an example would be https://www.homedepot.com/p/Sure-Step-1-Gal-Anti-S... ) for the treads, white for risers to give them a high end look. 

There are a lot of other pros and cons but I think that they can typically be a great start if you are willing to put up with the hassle factor.

@Ying Lan we are one of the biggest wholesalers in Tampa Bay with 2 brokerage offices, many agents in different counties, a designated acquisitions and sales team plus property management and a construction team.