Obviously the HOA is keeping values in this neighborhood down because an owner would have a mortgage plus another $715/mo for the HOA, which only covers use to a community center but nothing else.Besides holding costs, is there anything else I should be concerned with for a flip on a land lease? 

You can have multiple conventional mortgages and have a great credit score as long as you don't pay late or get too close to the maximum debt to income ratio.

I was hoping the rate cuts in the last 12 months would have had more of an impact on mortgage rates. 

Credit unions, banks, mortgage companies and private lenders.They all had the same answer.

AHP Servicing LLCAllied ServicingAngel Oak Evergreen Note ServicingFay Servicing LLCFCI Lender ServicesLand Home FinancialMadison Management Services, LLC National Asset Mortgage, LLCNote Servicing CenterHome Key ServicingMIGSuperior Loan ServiceingAllied Servicing CorporationUnited Home Loan Services Inc.

As a park owner, it’s usually better (in my humble opinion) to sell the home to a solid tenant who will then pay lot fees and maybe a mortgage.  

I'm an investor and a licensed mortgage broker who has done fix and flips both using my home's equity and borrowing against the investment property.If you (1) have enough equity in your home to fully fund the deals, (2) don't mind tying that equity up for these deals vs saving it for a rainy day and (3) are ok linking the place you sleep with the success of the flips, this could make sense.We offer a ton of different fix and flip programs including putting 10% down on the purchase price and funding 100% of the rehab.

In addition our healthy balance sheet allows us to pre buy mortgages down to as low 3.75% for our buyers, most builders can not qualify to do this.

A mortgage lien being the most common one.

Unlike a mortgage the interest on your loan will not be tax deductible.