Our biggest problem is getting her out so we can do a proper rehab 60 days of dead dime waiting for her to vacate is not Ideal obviously. 

When it comes to analyzing properties, I’ve developed a specific checklist to make sure the home fits both resident needs and operational goals:Square Footage: Ideally, at least 2,000 sq. ft. to ensure enough living space for residents and staff.No Stairs or Pools: It reduces liability and keeps the home accessible for everyone (this is just my preference).Corner Lots: I love corner lots because they often provide extra parking and outdoor space—both of which are critical for families and visitors.

Keep the timeline to own minimum 7-8 years, ideally 12-15.

I'm not familiar with your area so can't comment on whether it would be ideal for MTR.

Ideally they did not pay over retail because if they did they could easily lose the money they put into the property if the loan gets called.  

And I feel the ideal portfolio can benefit from the diversification of both.I feel directly owned properties are great because they give me maximum control and the ability to tweak them exactly how I want.

I deal with manufactured, modular and site built. 

Look for a local credit union that can offer a cash-out refinance once the work is done, ideally with minimal seasoning.

It's a great strategy but I agree with @Jack Seiden, having roommates at 30 isn't ideal.

Thats kind of the beauty of thes exchanges.. you get to reposition your capital, ideally in a property that ticks more of the boxes you need.Now, thinking about older buildings.. some folks underestimate how well older properties can hold up if they’re in a good location.