Current project is a small awning that needs to be built in a 55+ mobile home park.

how is your market in Mobile.. is there a market for rehab to retail ?

I would rather rent to people with the prospects of upward mobility than those likely to become more degenerate and more troublesome to me. 

After home is paid off only the lot rent remains.And most people still haven’t figured out why we’re flying high in the mobile home/affordable housing niche.

Our company no longer does business in Mobile and Baldwin counties, but in our dealings there, I've done business with a couple of stellar agents.

- Look into mobile homes.

Of course, I mobilize deferred losses when possible (if I have them) and often choose to sell when I have offsetting losses to use against the gain. 

If the roof, foundation and major mechanicals are in good shape, you shouldn't be facing large cap ex anytime soon.  

@Eric Armstrong  I think it would be a hard sell to most folks as they are not sophisticated enough to understand the various documents you may need to secure yourself.depending on the state you could simply do the work and put a mechanics lien on the property..

We'll have a soda fountain, mechanical bull (yep, I'm serious), karaoke room, pool table, 500 sq ft skylight (if permit passes) and a hip and cool atmosphere opened up to my local real estate investor friends.