*I can post me details about the specific property if anyone wants that kind of detail but I'll save that much info until someone ask for it

From your post it looks like you are very detail oriented which can be a great trait when analyzing deals.

The advantage is I dont have to do it all at once since i am not stripping the roof . i amk just doing it when i have extra time 

I met a potential tenant yesterday who balked at every requirement (extra rent for his pet, paying for the credit check/background search, online rent payment).

I am meeting with the owner tomorrow to discuss the property in more details.

@Shawn Harvey You need to flesh out the details of the business plan to match the realities of the MHP market.

If not, we get to keep that extra money as well.

However, my house is totally paid off and with the extra money i inherited, i would like to make money with it and start investing in rental properties.

You will have extra plumber calls due to smells and backed up toilets and the cost of the toilets.

These statistics are taken from Stop Acting Rich by Thomas Stanley.In 1988, when Stanley first started compiling these statistics, as detailed in his book Marketing to the Affluent, the figures were 98% and 2%.