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You are quite right about corrosion damage. One of the reasons the Intermodals get retired is they live in a very corrosive environment at sea. That's why the shippers consider they have a life of so many years or voyages and then they are retired. However, the basic structure of the container remains sound and that's what you're buying.

If one container is badly damaged from corrosion or outside physical damage, then you just select a better one. Heavily damaged or otherwise unserviceable containers are recycled in any event. What's left are very sturdy aluminum or steel containers you can put together and customize at an affordable price.

I looked into this customization and there are several web-based companies that deal with all aspects of Intermodal container conversion into housing. It's not for everyone, but there are opportunities to be had here.

Btw, did you see this?

http://www.freerepublic.com/focus/f-news/2812576/posts

Oops...let me try this.

Oil Rigs Bring Camps of Men to the Prairie (Oil Jobs but no Housing in ND)