Trying to use this opportunity as my unfair advantage to build a nest egg before returning home to Ontario. 

It is a rough area but the opportunity is there for local investors.

You're correct; our decision to pursue developing a new MHP is based on demographic data and economic employment analysis (aka, base employment analysis) which, when coupled with other specific reference points, clearly indicates an opportunity.

Unless of course there's a big redevelopment initiative in place and you can get ahead of the redevelopment.Now those neighborhoods can be good for flipping because there tend to be more value add opportunities.

I have the opportunity (and cash) to lend 33K on a mobile home that is worth 37K. 

If we come across some cheap flip opportunities that would be very beneficial. 

Let me know if you have any specific tax questions.Just so you are awarePA does not follow the federal guidelines for 1031 exchanges(does't apply in your case if you are flipping but i thought i'd let you know if you were thinking of alternative exit opportunities).Also PA does not recognize NOL's at the state level for individuals.

Once all the practical value-add opportunities have been taken advantage of, and one wants to sell their apartment, who is the end buyer that is interested in a non-value-add apartment complex?

Dan Toledo is the land of opportunity when it comes to rentals.

@Sidney AuldsWhat I am really looking for are strong value ad opportunities.