Cash invested: $16,000 2 Bedroom 1 bathroom upstairs and permitted bedroom and bathroom downstairs.

Meet with the permits department prior to closing and consult with a architect.

If you are doing major work then definitely use a professional to make sure you are good with permitting and local codes. 

@Max OzkuralCheck the zoning and see if the area permits an auto body shop.

Not to clear in the permit process.

But I've only seen three of those deals in 25 years.If you want to do park expansions, that's a different story, but even then your odds of getting the necessary permits are maybe 10% given the hostility of city government to affordable housing in general, and mobile home parks in particular.

Way too many horror stories and issues with getting approval for each thing - usually from people with much less oversight than the building/permitting departments.

Moreover, withdrawing on 75% of the equity will still permit a positive cash flow.Following these guidelines will help individuals increase their net worth because they will have increased equity in their properties.The proceeds from your properties, or what you put in, has three main purposes for your portfolio. 

A permit to fix or replace septic tank will not be granted. 

Probably a manufactured home place there without permits or not attached to the land.