Or you can go through a private money lender or seller financing, maybe the seller is retired and doesn't need a lump sum of several hundred thousand dollars, but wants a steady check without having to do any work or manage anything or anyone,  for this option you can try negotiating seller financing where they carry the note and you pay them as you would a bank.

Why bother,, just disclose to tenant that the service is hooked up to their meter and give them a monthly discount towards the rent.. or keep the electric service in your name for that unit and charge like a hundred buck a month more for rent..

My concern with renting is we put nicer materials in the property than we would have wanted if we were going to rent.IT has new hardwood floors cabinets etc. 

My concern with renting is we put nicer materials in the property than we would have wanted if we were going to rent.IT has new hardwood floors cabinets etc.

Your dumping probably $3000 a year into this asset but it will be worth a couple hundred thousand.  

Based on my cash flow numbers we'd be lucky to get a couple hundred/month from this place, making selling it look much more appealing.  

I'm not saying you can't find something on the MLS...but you'll look at a hundred, or more, houses probably before you find one that works. 

many or most started with only 1-2 hundred dollars cash flow per month.

My firm handles several hundred tax lien foreclosures and if you're not cracking the whip every day, some bum is letting whatever it may be sit on his desk for several weeks.

http://portlandtribune.com/sl/345184-224009-shipping-containers-get-new-lifeThis is my long time colleague  we have developed quite a few subdivisions together.. shared a few airplanes as well.. great guy... he is really into these container houses.He has a 40 acre tract where he hopes to build a few hundred of them and put them on long term leases akin to a MHP.... he will retain the land sell the box.Great guy.. and supremely proud to call him my friend