So here is the other side of the coin.I will agree that an application fee in excess of $100 may seem excessive in some areas of the country.  

Typically this is when seller offers to pay closing costs on REO properties (HUBZU being the primary source of this annoying process, the extra party can cause excessive lead time when minor issues arise such as closing date shift or last minute credit grant).

Every bank will not have an appetite for MHPs so you'll have to find the ones who do, but when you find the ones that do, usually they will have a STRONG appetite to lend on them because they tend to be the most recession resistant part of their portfolio. 

Yes, some gurus will charge you in excess of $40,000.00 for training, but I god damn guarantee you that no one would ever cry bloody murder if you made $40,000 on a flip, or took a $40,000 commission for brokering a deal. 

The parking lot is paved and excessively large enough to park more than a few cars, 10 school buses can fit in the lot.

You'll never have police calls for excessive noise, I guarantee it!

There needs to be plenty of cash flow available per each property to weather out bad times as well as excess cash reserves but I dont see how it can fail if you have that along with good property management.  

it is fear that holds you back.Knowledge or excessive funds are the best way to overcome this.Which one do you have access to?

Wipe the wall down with the DIF solution and a sponge to remove excess glue.With Drywall its a bit dicey.  

Usually I would move on but the property might make a good rehab project; it is however very risky in that the property has been vacant for a very long time and actual repair estimates if in excess of the current estimate, might cause some problems.These are some of the numbers:ARV = $165K (but, Zillow =190K, homesnap=189K, homes.com=$145K, realtor.com=270K, eppraisal=$312, average=$221K)Repairs = $52K (based on sellers contractor, unverified.