But with regards to OP’s specific question, in addition to what was mentioned above, I think the book would have you think more broadly about the team you would need to compile to make the situation successful (ie realtor, property manager, lender, and contractor [if necessary]).

One of my partners is looking into the legalwork and comparing development costs with other contractors. 

Hello,I do flips and also BRRRR as Airbnb in seattle area as well i do have few handyman and contractor referral of you are still interested.

Build professionals around you- Lenders, Title and Escrow, Insurance Agents, General Contractors, RE Agents.

I know you need the cash but can’t you partner up with the a contractor and make this benefit you both whether in the long or short term?

I suggest checking the area in person and meeting potential future team members like property managers , contractors, lender, and etc is a good way to get into the right neighborhoods.

Evening BP Family, Will the infrastructure from a mobile home park (water and electrical) typically be the same quality if I want to convert the park to a single family neighborhood and built?

The pro-version is actually used by professional services like architects and contractors.

Having the worst time with contractors though so if you have those let me know haha.

Hello everyone I’m Patrick and there is a auction coming up this summer for a rv park that is beyond run down about 20 spaces that have pre 90s rvs on them grass is two feet tall gravel road is almost impassable I mean it basically looks like a trailer scrapyard but it is directly next to hwy 35 just off a exit south of dallas anyway I thought since the rv park was so run down people may only value it for land and I could add value to the park by evicting the tenants and rehabbing the park I’m aware of the costs involved in such a task I’m a contractor in the area Never bought at auction though inexperienced in that regard if anyone has input or advice I’d love to hear it thanks