You remediate the exact problem - mold comes from water leaks/intrusion - and forget about the rest of it.

If you can put mobile homes on your land, then you'll have to start figuring in costs to acquire the homes, pay for the move, and hook ups (i.e. water, electrical, gas, etc). 

I used hard money to acquire the property and get renovation funds.

Mostly because I acquire rentals quickly, I can't qualify for a fannie/freddie type loan.

Certainly real estate syndication can be a great way to share risk, pool equity and acquire larger assets but as @Jay Hinrichs noted if you chose that path you enter into a new world of regulatory scrutiny.  We have put together syndications to buy multi-family assets and have also participated in syndications sponsored by other investors as a passive investor.

We recently acquired a rental property in Bradenton Florida.

And when something is confusing or overwhelming, it is our natural tendency to turn away from it. 6) BUSINESS SETUP - separate bank account, decide on LLC/personal name/trust, and also acquire some good software for deal analysis in your area7) ANALYZE DEALS - as opportunities come in, analyze them.

We just acquired an 8 Unit by the Seacoast of NH the Previous owner (who ran the property very poorly, putting it nicely) had a Dumpster on the property.

@Andy Beal I have owned long term rentals for years and just recently acquired and started short term rental.

It looks like that the HOA is foreclosing on the house, but I guess the owner could remedy it by paying whatever needs paying.