Lender will expect a ton down in payment and want a shorter amortization period maybe 10 to 15 years max and a personal guarantee from you.

You will find some level of commuting in Maine, however, the density around Portland generally allows for a shorter commute (20-30 minutes) because we don't deal with a ton of traffic like other areas.

Hard money lenders typically will have a higher interest rate, require several points, and are much shorter terms than conventional financing.    

While I don't mind  giving some equity (50% is rather steep), I would rather a much shorter term e.g. 1-5 years. 

They are longer and do sell you a little bit on their software but it helped tremendously to teach me the tiny in between steps that you don't get from these shorter summary videos.

Lower quality parks may require a recourse loan through a local commercial bank at a low LTV or with shorter amortization (20 or 25 years, vs. 30 years).

This gives you huge upside to make a larger paycheck in shorter hours worked.

However, lenders construct second mortgages as either home equity lines-of-credit (HELOCs) or shorter term, higher interest rate, full disbursement mortgages for homes.When selling a home, a second mortgage, regardless of the homeowner's use of the funds, reduces the seller's cash received at the closing of the sale.

I like better rewards on shorter timeline, that said, i believe your best bet is outskirts in LA, a 2-3 hr drive to buy something and rent them off.

However on a general basis you can look into your state's statues concerning rent collection, and in which cases you can give them a shorter notice to vacate.