What's your timeline for a project this size?

I can be on the road and halfway to Texas before the masses that can travel make it from Riverside & Temecula to Phoenix and overwhelm the services here. ;-)

A slumlord describes the landlord who doesn't maintain the property up to building code and habitability standards, and who doesn't respond to tenant requests for service and maintenance.The location of the property, amount of rent collected, value of property, or income of the tenant is NOT what defines a slumlord.

You have a few things working against you: Being out of state, the size of the park, and the low purchase price.

Hi Adeel,I'm an "in-house" sales guy for a mid/large sized development and management company and absolutely love using my experience helping clients invest as well.

I've seen multifamilies over 1% but I don't want to get into properties of that size to start out. 

My husband had been over there to meet our HVAC guy for servicing the units before summer.  

Goal:Get money out of this house without paying capital gains taxes or having to do another 1031 exchange like I did on another house a year ago.Background:-I bought the single family home in mid August 2014.

@Delsean Barrowi have since bought the home and it has a lot of medium sized DIY projects.

The main advantage purchasing an existing facility provides is some income while you are stabilizing the property; even if the owner only has 30% occupancy, that's better than starting from scratch with debt service payments.