you toyed with 85K ish being a possibility.

It would be more cost effective to move another out there and have that one hauled off.

In years past, ive had need of extra space for toys, tools, equipment, and when my hobbies outgrew my shop space.

Don't know what's in holding costs, purchase costs should be itemized but you can guess.Your rehab figure appears to have been added up, but don't know if you included the cost of the dumpster, trash hauling, permits, etc.

Hope you're being careful in those Lonnie deals now, esay to get in trouble.I financed a park, the guy worked a deal with MH movers, many get hauled off and you can pick them up for moving fees and he picked them up pretty cheap and got titles.

IMO I think the key to this is that he was purchasing the property "subject to". Yes

So you just have to toy with all the options and see what seems to click.

A good investment over the long haul.

This could be one I keep for the long haul, or in maybe 5 years sell and take the equity and appreciation and use that towards a duplex or multi family.For a little more background about me, most of my dollars are tied up in my IRAs (probably about 5 times my current income) and I dont have a lot of 'liquid cash' after accounting for personal emergency funds etc...

Reminds me of the bumper sticker "He who dies with the most toys wins" or George Carlin - The new American pass time is consumption - maxing out your credit card buying things you don't need with money you don't have.