Good Frist JV Deal?

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I’ve recently found a 1983 single wide mobile home in a park lot on the east coast of GA. The seller wanted to take the home with her on a move but it was too expensive. She’s asking $5000 obo. After requesting a video walk through she let me know there are a couple small soft spots in the kitchen, the skirting needs to be replaced, and she’ll be taking the front steps to the home. I figured I could negotiate her down to around $2700, lot rent is $185, repair cost estimate would be around $1500 range. I would market at $12000. I would want the exit strategy to be a lease to own option or, of course, cash.

Is this a good first deal?

I would be purchasing cash.

Thanks in advance!