He's asking purely for financial planning, it won't affect his choice.Thanks in advance.

I suspect purely comparing on the basis of monthly cash flow might be short sighted?

@Ryan Moore Speaking purely from a conforming loan perspective, it is definitely doable.

At the same time, if your plan is purely hinging on speculation, I would likely say you are gambling more than investing.  

The property is purely an investment asset of the IRA.One invests their IRA in a vacation rental because that vacation rental provides the best possibility of return on investment to the IRA, not so they can use it.

@Anthony Wick that's called pure luck!!

This is a first-run analysis of this property: my numbers may be off, and some are purely speculative.Based on current numbers, it's not a good deal. 

the few MHPs I have owned over the years whilie reposition plays IE cleaning the tweakers out.. were a little easier.. and once stabilized Much easier.. we just gave them the MH and just charged space rent.. that is what I do when ever I buy a park I either sell those single wide's for a few grand or give them to the tenants.. so I value them purely like a lender would  just on pad rent.. not on the house rent..   

That’s a different approach than focusing purely on cash flow.

Without knowing what you’re looking to do it’s hard to say if a condo will be a good idea-I personally tend to lean “no” as a pure investment but can be okay if there are other pieces that outweigh the negatives.