I want to go for it, even on the site it is listed on.That being said, it has always been my understanding that a property that goes through the court system and does not sell to a third-party bidder at the courthouse is then taken back by the bank which MUST clear title of liens and encumbrances.

Second, I already have one rental property 3 streets over from this one which has never had a vacancy and only minimal repairs (less than $400 annually for system check-ups and cleanings).

@John ChasonAs Greg noted, there is generally less 3rd party management for MHPs, so even if you have a large park, you will still have to have systems in place to manage the park manager. 

Make sure you... do your due diligence and expect rehab projects to cost more than you think initially.Set up systems as quickly as possible.

Look at Rod Khleif's systems, books and boot camps!

Hello KenIf you have a Windows operating system, you can use the Snipping Tool.If you have a Mac:1] https://support.apple.com/en-us/HT2013612] Command+Shift-4CheersRobert

After some more research, Charlie is correct and in order to make it legal, I would need to install a sprinkler system and steel fire escapes, which is about $25k+ right off the bat, not to mention other misc upgrades. 

Luckily, we knew a plumber and were able to install a sump pump system that drained out to the alley (a ton of hard work - digging a 3 ft deep trench 50 yards in the classic baltimore rocky soil).

We're looking to quote you in an upcoming article on the BiggerPockets Real Estate Blog about Commercial Real Estate.If you'd like to contribute to the article, please answer these 3 questions: https://www.surveymonkey.com/r/FS5WCP6

Learn about the school systems, future developments, market supply/demand, etc.