Finally, your third tier of homes are your 5 Bedroom+ Large Cabin homes priced in the realm of 400-700k. 

Finally, even if you experience negative cash flow, remember that a portion of your mortgage payment goes toward the principal, meaning you’re still investing in your equity.

This seems like you did not overpay.Also, from the tone of your post, I sense some pride in the final project, which tells me you are satisfied with the results. 

@Allison Keib, be "cautious" of new construction (ground up) for new homes or modulars for new investors.Ask your realtor if she had ever built ground up modular homes from beginning to the end before (entitlement, underground utilities, crane in units, rough hook up, final touch up, etc.)? 

Welcome Tim,As someone who just recently started and was finally able to buy their first property there is definitely a lot to it, you'll always be learning so don't try to know it all at once.

So by finally hitting that bruising pain point, that means light at end of rate tunnel. 

Success, currently active, will update what our final sales price ends up with, fielding calls on the property already.

From there, I would consider how much Capital you have at your disposal, your personal feelings about risk, and then finally your financials. 

@Derek Morrison IRS requires you to issue 1099 to all but major INC companies.Contractor will need to complete W-9 form.Do NOT make final payment to them until they complete & sign the W-9!

This was on the last lower priced one I'd gone after, which at the time seemed like I got a deal, even though I had to outbid at first maybe 5 bidders and finally one who ran it up a good 20 grand or so.