Are you able to cut down on expanses and increase income to have a cushion each month?

However, it could be useful for generating some income as you learn the landscape of real estate and investing. 

This is not cheap to fix, and often can be incurable in terms of getting your money back.It wasn't until recently really, in the 90's around here, where code started to require the foundation back-fill be stone, which has zero absorption/expansion properties, and will actually shift with the surrounding clay during the freeze.

Removed property manager, Previous owner was overpaying on pest control, insurance, and landscaping significantly.

Sold to re-invest in our business expansion.

And the reasons for this discount are:- the property is being sold "as-is"- that the MH's are very old and in bad shape, - it's been very hard to find an insurance company that wants to take the job,- the same happens with the financing, not a lot of institutions will lend leaving the property mainly on the hands of developers,- but the property has already failed at least a couple of feasibility studies,    - It's been on the market for over a year,- In a couple of months the county will start a tax sale,- The maintenance needed is mainly demolishing 4 standing structures, clearing all the junk in the property plus landscaping (this is what I am considering in my repair costs as for now),- There are no records of maintenance jobs done on any of the units, owner will not provide any information about the property neither will do any diligence to provide such, no environmental studies (although the county said that is potential home of an endangered species), - the only fact provided is that it is zoned R-4,- although the property has a wet land area, and 1/3rd of it is forestry

The expanses aren't what you deduct, it's the loss.... unless this realer is advocating fraud.

Simply updated flooring, paint and landscaping.

Complete cosmetic interior rehab, basic landscaping.

I can’t find much on landscaping though.