I have not had good luck finding any resources (realtors, lendors, contractors, etc)  that are ready to go even though I have cash and feel I should not have any trouble securing lending.Regards

When you're ready to get started, wait for the right deal, run it by your mentor and make sure you have a wide margin of safety.  

I  went  back one  month, county wide and there not many records.

The loan with a security interest in the house is 1st position is for the $261,000 purchase price with 2 points up front , 11% interest with interest only monthly payments, remainder due on sale.

In Lufkin a dealer has this ad up for a New MH for $40K , delivered (but not set up)http://nacogdoches.craigslist.org/reb/5405774303.h...In my area a new Single Wide set up is running over $50K.If the Mobile's are less than 10 years old, you might not have that many problems.  8-12 years are when Water Heaters start to fail, and MH Water Heaters can cost more than regular ones.  

Be very conservative on your ARV (final sale could be 10%-15% below your asking), don't forget to factor in construction overruns and discovery work (typically budget a 15% cushion), don't forget to budget acquisition costs (6%-10% of purchase price), selling costs (6%-10% of ARV) and holding costs (be conservative it will almost always take longer than you think or than your contractor tells you and may take more time than anticipated to sell and for buyers to secure funding).  

Go for it, as long as you can secure funding to pay it back before it is treated as an early distribution.

Hi @Lori Beard,I work with a Turnkey Provider and, from our experience, the two best ways to secure your investment is by purchasing a property from a company that only manages properties they have personally repaired.

This could be in the form of offering to pay the security deposit on their new rental as well as their moving costs.Gail

There is a wide range of knowledge and professionalism between agents, and you might have to go through some to find the one that you like.