It is because her water lines are failing and eating up 28% of her expenses.I just met with the city and the park is non-conforming, no additional homes can be brought in unless significant changes are made to the park.I also found out today, a large private school is looking to build on the 50 acre lot right behind the park.

I've heard that mobile/manufactured homes are most commonly on private land, but I am having a heck of a time finding any.

You won't get the same profit percentage you would if you did it yourself (100% vs 50% more or less depending on your negotiating skills) but if you have never done it before you run a much bigger risk of losing money on the project.I'd say your best bet is partnering with an experienced investor who is willing to help you out and not just wholesale it to someone who will suck out any profit you stand to make.

Although I don't know those markets, I bet you can find reasonably priced investments in Frederick or Hagerstown.

You can bet I'll be looking into both of these suggestions.

I bet many of these same people would consider buying an investment property "risky".

Also, is this sale from a private seller or bank or other?

I have been offered private financing 5 year arm amortized over 30 years at 3%.

Are there bad real estate gurus out there, you bet there are just like there are bad college educators.

I was going to focus on wholesaling, but right now I'm working the joint venture deal angle and looking for private money lenders.