Unlike traditional rental properties, where tenants can easily move out, mobile homes are harder to relocate.

If this is your first investment altogether, I'd opt for a more traditional, simpler purchase. 

For books, I'd recommend "Rich Dad Poor Dad" by Robert Kiyosaki, which is a great introduction to understanding wealth-building through real estate.

You could rent out your current unit and buy another house hack, or even convert the whole property into a traditional rental.

I had to use the ole Rich Dad Poor Dad mindset, "its not I can't afford it but HOW can I afford it."

I wondered if SF route might allow us to secure better terms at maybe a 4% interest rate for a few years on the funds not rolled into current $150k potentially assumable mortgage -- and in a few years we could roll into a traditional mortgage. 

Great news is when you get a deal there the spread is usually solid, bad news is many of the traditional marketing tactics don't work very well (at least in NYC where you cant cold call, PPC & PPL is really expensive and I don't know anyone who does well with direct mail).

Based on my knowledge of the market and similar properties I think these are at, or near, 2X market rent.I've use a traditional bank to finance the purchase of each of these buildings - using a traditional commercial real estate loan.

Yes Grayson,Cashflow is hard to come by now.You shouldn't be looking at real estate to get rich tomorrow or gain massive amounts of capital now.But as you own the property for years the rents will increase, the asset price will rise, and your loan balance will go down.

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