Evaluating property with SFH and MFH on the land

[Gwen St. Pierre]

Hi there - I posted this in another forum then realized you folks here might have more info for me!

I am not looking to get into mobile park investing but I did find a deal that has 2 properties on it: a SFH and a MFH.

I found the deal on Craigslist: it used to be a large family farm but they sold off most of it to an investor who built a home community. The land that is left (and that I am looking at) has rental units on it that the family has continued to rent out but now that they are in their 70's they are done playing landlord and want out. 

The SFH is 3/1 built in 1928 on .35 acre lot. Looks like it will need a new roof soon but I don't know more than that from the pictures of the outside.

Behind it is 3/2 double wide manufactured by Champion in 1992 also on a .35 acre lot. It is all electric with central heat and air, septic service re-done 2017 along with a new 30 year roof.

I have never considered a manufactured home before. What should I consider when evaluating this part of the deal? 

I am using the awesome BP Rental Property Calculator and it makes sense to evaluate these two properties together since they are a package deal. Do I evaluate them each separately then add the numbers together?