My job is remote so I can move anywhere, and my sister and I have plans in the works for care for my mother so that won't be a factor staying local.

You might be able to make money, but you have to factor in how fast that trailer will depreciate in value over the long term.I would go for a post-1976 manufactured home where you own the land and can get financing in place since it's insurable.

Look at the multiple factors that influence your market to determine the price.

While the brokerage you choose definitely has a big impact on your business, the agents (investor friendly) that you surround yourself with within that brokerage are going to be a key factor.

Your turn time depends on many factors and you have to understand every owner is different which makes it challenging (some want a new bathroom, some only want reglaze of the tub, some cry about painting a unit that hasn't been painted in 8 years others want it all painted etc).

The regulatory environment is also a key factor for me as a first-time investor. 

To identify a "good" market, consider factors like rental yield, local job growth, and demographic trends.

The 10 Year treasury as I mentioned in my post is also another Key factor when dealing with the 30 Year Mortgage and its dropped.

Hey Steve, with a conventional loan that may be possible would depend on a few factors. 

The appealing aspect here is the ongoing population growth and other economic factors.