Another thing I would double check is the zoning and/or any restrictions that may effect the lot as some don't allow manufactured homes.

On my new project in Oregon I was doing a fence along the back yard boundary of one of my lots and it had a few angles in it.. and I am looking at that and the plat map and the monuments and its not lining up.. ( and i just surveyed these 30 lots monumented them and recorded the plat in the last year.. sure enough one of the monuments was off and they had to come and reset them.. this after the county surveyor also double checks the plat before letting it record :)  it was either the monument was wrong or i built a 800k home 7 feet over the lot line LOL.. 

You want to be nice you make that first 30 days reasonable and then double it on day 31. 

If you decide the property isn't good for you for house hacking double the close the property. 

Then double down on properties if you still can?

I call it a double windfall.

What I do like are the rents, in most cases they can be doubled from what the previous owner set with their long term tenants. 

And, should we be a little more tough on the folks who are in the same position but raising EVEN MORE capital to double down on failing investments?

We are averaging 25% profits on every deal and some deals yielded us 100% returns at the peak of the market allowing us to double our cash flow in a short period of time.

Businesses are not wrong to layoff workers, but it is a double edged sword.