One statistical question I am curious about is DOM inversely proportional to selling price. 

These parks appear to be characterized by a high proportion of POH's and/or a low occupancy rates.Just an observation, but it seems like the rural areas it may be better to invest in SFR pigs if you are after cash flow but stick to the more urban areas for MHP's.

I was under the impression that for that tax break, the amount of time you spent using the home as the primary residence made you proportionally eligible for tax-free capital gains.

For a company with say one first lien loan this would typically mean you would be entitled to all returns after that first lien loan is paid off in proportion to your ownership.  

I love the idea of working for myself and working hard for proportional rewards.

If growing gradually with NMD or OPM, there is time there to build reserves as your business grows, to hopefully make the reserves proportional to what can go wrong before anything does go wrong.Having 0% equity and walking away from everything is certainly an exit strategy, although one that would make it hard to get started again if it means a serious hit to your credit and/or credibility.Gregory Hiban about your friend with the lines of credit, if he had kept an equivalent amount of cash on hand rather than transferring his cash into equity, he could have likewise used it to cover those bad times.So I think it's less about NMD vs. equity per se, and more about safety nets and exit strategies, whatever form they might take.

I figure  any lender is going to want to see  experience or barring that at least   my own skin in the game in proportion to the loan.

@Kathy Argento  I suspect these were very inexpensive  at least I would think so... rehabbing on your own in much of Detroit will be a challenge of epic proportions.

The smaller efficiency has a compact kitchen (attaching picture below) Not sure if that will constitute as a kitchen.Compact KitchenWould this effect my appraisal in an adverse way?

Seems a bit out of proportion to the existing house on the site.