Buy an old beat up mobile home to lease as "heated storage" ?

[David G]

I just bought an old single-wide mobile home on its own lot and I was thinking about

leasing it as "heated storage".  It's still "livable/habitable" but not pretty and I don't want landlord headaches.

Its a very hot market and would easily rent for $500/mo as-is.  (It would take $6500+ for fix-up and a few months it would rent for $1100/mo)

It's in a neighborhood of mobile homes on their own land I want to wait til summer to demo it and put a new MH to sell for a $100k+ profit.

I was wondering if anyone has actual experience or opinions ???