Rent the property as is and not improve, cash flowing approximately $1,800/month?

Do you want a 10+% annual cash flow return out of this property?  

A development deal with cash flow day 1 (or Q1) is a huge red flag.

I have a couple of ideas on how to approach the seller but I want to get your juices flowing and see what other creative ideas ya'll can come up with. 

Disagree with this, you still have HVAC, turnover and roof repairs in multifamily which could just as easily wipe out your cash flow. 

Nice blend of cash flow and steady appreciation.

While the cash flow looks attractive, I am concerned about the long-term viability of the investment since the location is not ideal and these are older, albeit partially remodeled, mobile homes. 

But as a general idea, building to rent will be less cash flow than if you bought a resale property.

Are you cash flowing the property?

Once you have deal flow, you can hire a virtual ISA to help scale up the cold calling.