A PML in markets like Phoenix probably didn't have a great time getting short-sold in the great recession. 

Be careful out there....some of the new builds are not comparable to the old builds....many of the newer ones are all siding, no brick, no light fixtures or ceiling fans...just LED recessed lighting...no doorbell, no garage door opener, no attic stairs, one piece tubs, vs tiled baths, no landscaping, no trees, and on and on....they've taken out virtually every single cost.   

It was a newer subdivision and the builder had pulled out due to the Great Financial Recession of 2008.

You can decide to utilize those funds to pay it off once you have that much or buy more property with it, especially if we get a recession where cash is king.

Because these parks are often under the radar, there’s less competition, allowing investors to secure deals at attractive prices.Lastly, mobile home parks are recession-resistant.

From the leads and SMSing sellers, I know there's alot more deals in the FSBO/expired area as stress, recession,  job loss (hope not), and interest rates stay this high.   

So for example I'm very conservative and don't want any debt on them because I feel this hardens them in case of a severe recession.

You can't find land in Piney Point cheaper than houses in 77063, the proximity doesn't mean it gets an associated up charge.The Heights(77008) post recession has been one of the best neighborhoods in Murica, let alone Houston.FWIW, I'm deep there and 77007(near Memorial Park). 

I was there in the great recession of 2009 and had a deal where we were totally underwater and bleeding cash but 6 years later sold and returned all capital plus a profit.

Obviously, dont put an unqualified person in there, but with record credit card debt in America, and a worsening recession on the horizon, one can expect much worse credit scores across the board vs 5 years ago.I have struggled to place tenants in my properties before, and have fixed the issue by adjusting my screening parameters.