But you should look into the 203k FHA loans, they have very low down payments, (as low as 3.5 percent). explore this option, for a multi family unit. defiantly better than renting

Buy low sell high!!!

If you can get a HELOC to pay down your CC thats even better, I wouldn't pay off anything with a low interest because you can use that money to buy more real estateGood luck 

I am not adverse to risk but I see low spread between cap and debt as not worth the trouble.

I was able to do that because I inherited tenants and even though the rent was low, the property at least broke even while I finished the first project. 

The rents look really low, so I would conclude that they are way under market or this is in a D area.

The people who are looking to buy mobile homes, tend to be looking in low price ranges.

They have to eat it or inhale airborne particles (usually only occurs when sanding the paint and dust becomes airborne).Lead paint is not as common as people think and the risk is pretty low.

I know another option is that some towns (town specific) within the state offer some low interest loans for new septic systems.

The two vacant units are as follows:  One just had an eviction, the other is vacant and could use new carpet and paint.The area is blue collar and low income.The buildings themselves are 6/10.