It seems to me as though it would set you up for failure if the rehab was more than strictly a paint and flooring rehab.

Im going to give you some numbers you might not like.87% failure rate for the industry, which is right in line with the failure rate for any small business right at 90%.Most businesses that succeed, operate at a loss in their first 2 years of business. 

If you are worried about sanding down the hardwood to the point of floor-failure, don't. 

Always calculate failure.  

Most of you will never make an REI investment due to the “imagined” Cost of failure.   

My plumber recently recommended a one-piece -- he said there's less failure points. 

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

Battle lines are being drawn in this country over these issues, and it is a colossal failure of judgement for businesses to jump into this cesspool. 

The line I used had a diamond coating that had 0% chance of scuffing, and came with lifetime warranty for any failure at all, including it was waterproof.

I don’t want to set the tenants up for failure with a bunch of differed maintenance and I also want an aesthetically pleasing park, so I’m in the process of a rehab.I’m willing to finance all of the trailers to the tenants on terms that would make the monthly payment + their lot rent the same as, or less than market rent.