Of course, that is only if your intent is to hold it long term.If your goal is to unburden yourself from managing the property yourself, you do have options that offer degrees of hands free management. 

It's one of the hottest markets in the US right now with so much population growth, job growth, and companies moving/developing here (26B Intel headquarters being built here, 68K+ enrollment in Ohio State University, Amazon, FB, Google, Honda, Nationwide, Anduril, etc.).

If you plan to use cash to finance your acquisition and rehab expenses, this will help minimize risk exposure to a certain degree.

This portfolio has now fully funded over a dozen university tuitions.   

Florida is a unique state for MHP law and the insurance has gotten very expensive there too.I recommend checking out @Frank Rolfe's mobile home university content if you haven't already.

I went to DePaul University for Psychology.

Princeton University’s Eviction Lab estimates 1.5 million Americans face eviction annually.

Although I'm seeing some great deals happen in 5-10 unit assets near the downtown and university areas.

The lease language requires the interior of the building to heat to 70 degrees.

I am a Field Engineer with a Construction Company in Orlando Florida and a grad student in Civil Engineering at University of Central Florida. 100% looking to network and create genuine relationships.