I think your long term hold goal is a great mindset, I would be shooting for that goal of owning a few properties by the time you're 30.As for what to do next, I would recommend a cash out refinance as long as the rent on the mobile home would cover the payment.

Originally, we were shooting for FHA, but found it difficult due to seller's apprehension.

If you shoot me a DM I'll send you information about a Free webinar we are hosting Wednesday since it's about team building and strategic partners. 

Hire one of VRBO's "preferred vendors" to come and shoot a NEW video of your place, and it will now be in their "Virtual Tour" section, and you now have a video again!  

I'm shooting for a 30 year fix loan w/ low interest rate.My questions are as follows:1)  What is a typical interest rate that one could expect on a blanket loan similar to this one?

If you want a suggestion on an insurance broker send me a PM and i'll shoot the info over (can't post it on the forums here). 

Shoot me a DM. 

Shoot me a DM.For $1M you can generally buy around 8 to 12 unit properties in the Minneapolis area.

If you need help finding a highly experienced, knowledgeable Realtor, I can help you find some through my Broker networks that I will personally vet for you first, if you'd like- just shoot me an pm.

I'll shoot you an email too.