Corporations? 

Looking at other comps and the pictures with those comps off the MLS, at the very least you want updated vanities in the bathroom, new counter tops, ceramic tile, nicer faucets, ceiling fans and something besides carpet in the living and dining room and den.As for the area, this is certainly "A" class.  

I will get with him to get those details and give you an update.  

It would be easier to purchase in your LLC than move it later as you will need to update the "Statement of Location" that Texas uses to track manufactured homes.  

@Vincent Crane and @Rush Wall our first meet up will be on Thursday, December 17, 2015Please join this meet up group for latest update: http://www.meetup.com/Atlanta-BiggerPockets-Real-Estate-Meetup-Local-Investors/events/226983619/Hope to see you there!

@Dave Stevens Residential loans are for individuals, Not corporations.

Got a property I think is a good candidate for a flip here in Jacksonville that is owned by an out of state wholesaler who recently purchased it through the bank.Asking price on property is 87K, only seen pictures but property appears to be a decent shape but needs a few things done like paint, carpet, updated appliances.  

Just an update.  

I updated the place and sold it for a 20K profit this year.  

You could also look for willing owners like your first one that could use you to help them get their "needs updating" house ready to sell, in return for a share of the profits when it does.