In order to make the aforementioned possible, we have chosen to go with remove the formal dining room since they are so passé these days and enlarge the kitchen and incorporate it into the family room.

@Craig Kleffman how is this thing loosing $50k if someone puts 30% down?

Size:  Above Ground 1,660 sq ft/ Unfinished Basement 350 sq ftI'm looking to update below items:Exterior: New roof and window (as needed)Yard: Cut big 2-3 trees in the backyard, clean front yardInteriorBasement needs mold remediationNew kitchen (cabinet, appliances, & etc)New Bathroom (2.5)Move/remove walls Add ceiling wallAdd insulationelectrical work (if needed)plumbing (as needed)new paintNew floorIt pretty mush needs a complete renovation.

Size: Above Ground 1,660 sq ft/ Unfinished Basement 350 sq ftI'm looking to update below items: Exterior: New roof and window (as needed)Yard: Cut big 2-3 trees in the backyard, clean front yardInterior Basement needs mold remediationNew kitchen (cabinet, appliances, & etc)New Bathroom (2.5)Move/remove walls Add ceiling wallAdd insulationelectrical work (if needed)plumbing (as needed)new paintNew floorIt pretty mush needs a complete renovation.

Can I remove my dad from the title?

Make your Team members prove their ability before cut them loose to take care of things you are responsible for.Track all of the income and expenses on projects you do in a report form and analyze them regularly with a few people you trust to help you and you might be able to cut your expenses and increase your income.

I wont buy for appreciation but I also dont want to loose value if I purchase at a peak.  

Secondly, I'd remove those large bushes in the middle there.

If we do, it not only lowers our earnings, but it also makes it more difficult to sell, as the new owner will need to raise rent or remove tenants to make the property viable for them.

So here is what I am looking at: 10 MHs each on their own land, all older models that the owner is currently renting out. 9 are rented out, and 1 is junk and will need to be removed.