Lonnie is the Grand Father of the used mobile home biz and all of the concepts still apply today.

I had made millions and became lazy on continuing to invest and feed the mechanism of real estate.

There are some articles in the mobile home section as well.

Was it a complete gut job, and new mechanical systems?

Lenders are also happy to lend without credit checks as long as they can securitize and sell the loans, book the profits, and take home a big bonus even though they know their companies will be bankrupt once the market corrects.Not to get too political about it, but I think the age of amorality is partly the result of urbanization and the mobility of labor.

I am curious in some of these hugh out of state Mobile Home parks I have heard of in Florida.

If you rehab for rent, it should be fairly cheap ( I guesstimate $15K-$20K provided you opt for cheap warehouse type cabinets, windows and doors), again all that assuming that mechanically, the house is in good shape.

29 mobiles and 2 framed cottages on 6.5 acres.

I thought about investing in mobile homes but my friend is leary about investing in bad areas.

So I called on several mobile homes for sale and I've visited about 25-30 parks here in Utah and there is hardly anything for sale (0-4 homes per park)!