@Timothy ConnollyThe 1031 is not the tool for every situation.

From my comfy armchair, I can see how today’s situation in Kiev - far enough removed from the war areas, and being the economic and cultural center - could be attractive to those who know their way around the local bureaucracy to not have to pay an “overhead” under the table at every turn.I can see how the deeply devalued Ukrainian currency can make the purchase potentially even more attractive.

Mark Welp While I do not invest in seconds - if I was in this situation I would be worried.

It may be a distressed property or some other "must sell" situation where the seller's needs are best served by it.It's not necessarily a "use it anywhere" strategy.For example, you might use it to prevent a foreclosure - bring the payments current and make the payments going forward in return for them conveying title to you or your entity.

absolutely there is always a situation where a subject will work We are currently working on one now where by the owners sale fell through and he needs to move on with some cash in his pocket He would just about break even from a sale so a subject to would work for him.

your asking a lot of questions without knowledge of the situation Ask the agent if they got a repair estimate on the foundation and then make an offer contingent on your inspections  

@Russ Wallace, I suppose there may be a situation/market where developing a new MHP would make sense. 

If I knew an attorney, or know how to resolve this situation I could handle it, or just sell the deal, as there is good profit there. 

But my STR's are a different situation than your VR's. 

First situation wasn't good for the tenant and a friend of his.