I really don't think the cost would be increased significantly, the existing layout will be used and the wiring is done, just a matter of removing mounting plates, replacing shingles and reinstalling.  

He's trying to do one of two things - probably BOTH things simultaneously:1 - Reprice the entire asset class - ie raise prices of mobile home parks as fast as possible.2 - Attract deep pocketed accredited investors to his private funds so that he can enlarge his portfolio as rapidly as possible while waiting for the stabilized caps to compress further.I'll lay out the remainder of my reasoning for this tomorrow.

I would say that properties valued at 50,000 in the area are a nicer than this one (newer cabinets, better layout.)

I'm assuming since you don't know the layout that you've just found this, look a lot more into it and do your research.

If you would like a design/layout/structure opinion sometime, please do not hesitate to contact me.

Again, the front of the building seemed to be in good shape and had to maintain a certain look due to the historical society but nothing in that building due to the layout seemed to scream I want to be here for a long time.

Look at the arrangement/layout of the home, particularly the bedroom areas.

I think if you've already determined what your general criteria is for the ideal fix and flip, you should share that info in advance with the people you are cultivating as future investors.General criteria like neighborhoods/towns you're looking in, the type of house in terms of size/age/layout (3 bd/2 bath built after 1960, etc), along with a possible range for acquisition price and rehab budget.Tell your prospects upfront that you haven't found the property yet and that the actual numbers will be different, but that this is the target you're shooting for.

When I click on the dashboard link the layout is quite a bit different.

Let's see if I can layout a practical example to clarify.