No appraisal required and very fast funding, competitive interest rates (they get better with your experience as a rehabber and number of loans with the company. 

Many markets are very competitive so you want to think about where your property falls and how you plan to market, stand out, and get bookings. 

This does not seem likely dueto the national nurse shortage.The market is flooded with competition.

This is a new home and the builders in our area need to be competitive so closing costs were covered by the seller as well. 

With the townhome, my reservations is the rental competition as the area has many townhomes communities with units bought by investors, but I like the lower taxes and insurance rates. 

Our typical PPP is 6 months of interest, but we do offer a step down/tiered option as well (rates are not as competitive).  

But it's pretty competitive to find listings right now, so the market works.

Comparing the two using this market data tool it looks like the following:Indio vs Palm Springs Airbnb Market DataROI: 10% vs 6%Revenue: $49K vs 56KAvg Airbnb Price: $621K vs %1.2MADR: $418 vs $422Occupancy: 54% vs 68%So it looks like Indio is more affordable and higher ROI, with lower competition.

Does anyone have experience flipping modular homes or should I just stick to the more competitive SFH's on this auction?

For example, if you look at building housing in Biche, you won't suffer from competition and can find buyers in all price ranges.