Marketing, screening, collecting rent, unpaid rent, maintenance, capex, insurance, lawn care, vacancies, turnover costs, inspections, and so much more. 

A law degree does not mean you know anything re wraps.If worse comes to worse, you can stop the foreclosure with legal action - it costs some but you will not lose your equity.I would not throw the baby out with the bath water re doing wraps and I do hope all works out for you.Reach out if you need a referral to a good AZ attorney to helpBe careful out there guysAlan Not to be too blunt, but you are handing bullets to a six year old with a gun.

., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.

I can't imagine flying out there for a day or two with a hotel can cost you $10K.Flying out there is like you paying for an insurance. 

I would definitely factor in some substantial capex/ maintenance and repair costs which could lower your returns.  

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

You will learn the cost of maintenance/cap ex and how tenant quality plays a big role.  

I'll throw in my 2 cents on common differences I've seen in my career:CDFIs - Because of their subsidized financing structure, they have the ability to be a low cost lender (and sometimes provide grants).

But weigh the costs of insurance and taxes against the cash flow and make your decision accordingly.

Costs will seem high relative to the loan amount on these smaller loans, $5-6k in lender fees isn't uncommon.