In Q4 2016, there was no discerning the Trump Bump from the Fed's impact. 

If home values are higher with more discerning buyers go for the 4br/3.5 bath but make sure your finishes are equally high end.

Get the gift, if things change then you discern if you need to leverage or sell in the future but don't offer that intention up front. 

Use your BP discernment, but still network with everyone before trusting your path.

By definition the lowest price is the closest (discernible) way to the deal.

That being said, it's difficult for a new investor to discern the subtle nuances of a solid case involving an anomalous situation from a no-win money pit andlegal counsel who's better st selling than trying cases.

The biggest discernable difference between Modular and manufactured is that Modular buildings are built to International Building Code standards or whatever building code governs in the local jurisdiction having responsibility (often state building codes that are modeled from the IBC) and manufactured homes are built to federal HUD (Housing and Urban Development) code.

They are not usually very discerning with regard to finishes.

Nor do they understand that buyers can be a lot more discerning and won't write a solid offer on a house that needs major cosmetic updating.You mentioned off-market deals and that's where I suggest you spend your time.

Personally, my opinion is 1% appreciation is not even discernible, it’s just the difference between you negotiating and me negotiating.