Possibly even do a cash for keys scenario where you give them a dollar amount to move and take the personal property and trash with them and leave the property in broom swept condition. 

There is a 1,900 Sqft. house on the property that is in great condition for a flip, but its hard to decide whether the deal should be analyzed as a residential flip or commercial property opportunity.

Life is all about your outlook so I have to stay positive.

I know there is better out there for me and I don’t want to wait tell I’m 65 or 70 to enjoy life and have financial freedom.

You want the NOI to reflect the current condition.  

Depending on the condition and the level of rehab, you might get away with 8% on maintenance if you are lucky. 

For a home to have value in my eyes, it needs to be brought back to life.

However pending the condition of park owned mobile homes and existing pads/utilities I think this has a lot of upside due to location and a growing city. 

Buyers tend to overstate the condition of the property and understate their expenses. 

Easy peasy.Just make sure you include all the disclosures and addenda and review the sellers disclosures like property condition, lead paint, etc.