They don't have to right to expect you to improve it.

However, since it's mobile, you can rent them out, and develop a Self-Storage Facility WITHOUT having to pay property Taxes - Because the units are mobile, not "permanent improvements"! 

@Leigh Ann SmithProperty values for this year are already set so 92K will be the value for 2015Property values are based on the condition of the property on Jan 1 so if you bought now and renovated prior to Jan 1 2016 you could very well be valued on the improved value. 

And I am a Lowe's employee and get great deals on home improvement items.

I"m not a lawyer so consult a lawyer. i will not be responsible if you get in trouble.well there you have it Chris i consulted an attorney. youtube wholesaling is illegal great video on youtube. and he specificlly mentions ohio. i had to listen to it multiple times to fully get what the lawyer was saying.

He gives a lot of free information about wholesaling / flipping on his Youtube channel.  

Great job on this @Drew Purvis  How great is it to learn how to improve for next time and still get all of your money out on a refi? 

Learn as much as you can about DIY through you tube. even if you hire contractors, you need to know what is going on to talk intelligently about the situation and make sure you aren't getting ripped off.

On a $2 million purchase, that’s $100,000 to $200,000, significantly less than if you purchased it with a loan.If the deal goes bad, you don’t have to exercise the option, so your downside risk is limited to your option money, time, and improvement costs. 4.

In Connecticut, houses in flood zones have limitations on improvements before the house must be brought up to full FEMA code.