I do know Walter and have known him for more than 25 years, he is upstanding and he is smarter than the average bear, he's in the deal to help people and I have learned an immense amount from him I am now 67 years old and I bought my very first home by having my parents cosign!

I'd recommend staying within 10-15% of the median priced home because that's where the most demand will be not only for renters but owner occupants as well. 

I'm a contractor based in Maryland and DC, so the renovation aspect is well within my expertise, having done numerous projects for other developers and general contractors.However, I'm facing a challenge when it comes to choosing the interior design elements, such as bathroom tiles, colors, sizes, fixtures, etc.

You really got to do due diligence right now if you look into Lake Okeechobee Florida and that surrounding area I feel it can go well.  

The good thing about this is you can do a parent listing offering the whole place, as well as 2 other listings for each unit. 

The gentleman Chris Koerner seemed well educated on the topic (mobile home park investing) and he gave enough information and follow-up documents that you could take the information and run.

Different areas have different metrics that decide how well they are doing.

When scouting for properties, explore areas on the west side as well as some parts of the east for potential opportunities.

Having a lease in place will help you as well - some lenders won't refi a vacant property.For your refi, you're usually looking at 75-80% max LTV with a debt service loan.

Ran into many problems with contractors along the way, paid for some material twice as well as some projects to be redone.