I would ask Account Closed, that guy knows everything about Eau Claire

My advice to Account Closed would be to liquidate it.

This doesn't even account for the cost of the land.This subject comes up every two weeks or so in this forum. 

Possible oil dumping issues are coming up in the Phase 1 environmental.    

You’d have to have the money seasoned in you bank account (in there for more than 60 days), the loan would also effect your DTI, I agree with the poster above, gift of equity from family member is much easier.

You may go through the "Education" tab under your account's main page that has some valuable links.

I will definitely look into thisOriginally posted by Account Closed:Stephanie J.

But make sure they will revert to you if the tenant's account is shut down for lack of payment.I continue charging the previous tenant for rent until the new tenant takes over.

Even if the rent is real, you need to discount it to account for expenses.

I agree with what Account Closed said that the interest seems pretty low and you may not own the land so if things don’t go as planned you may be paying a lot  for lot fees.You may want to study up on mobile home investing or manufactured home investing before doing this deal if this is the way you want to go.