Are there other factors that should be taken into consideration?

There is still some seasonal factors but there are enough draws to the area year round to keep the properties stable and renting well!

I'm looking at 185k with 5% down but it seems that in factoring in all other expenses (vacancy, capEX, repairs, utilities, management, etc.)

If you think the property is going to continue to appreciate and you can manage the rental, and it at least breaks even, and you don't have need for the funds, you can consider holding.Those are a lot of factors to consider.

Or are you considering different factors for capital? 

I have come to the conclusion that modular and site built are the same on a $ per sf basis once you factor in transport, setup of the mods.

You need to factor in rehab, buying, holding and selling costs, because that is what the flipper will factor.

It's worth a listen just to have the perspective of the other ways to factor into the decision making process.Hope that helps.Mike

If cost is a big factor which I completely understand during these times, then search around but know finding that real estate-friendly accountant that is in the $1,300 (depending on your situation) range and having a good relationship with them might be difficult to find.Lastly, ask her if additional services come with that price. 99% of the time the answer is no, but some firms offer free mid-year calls or check-ins for being a tax preparation client.If you're comfortable reaching out to remote firms contact anyone here in the forums.

With high prices, you also get higher rents, and with low inventory, there is high demand for properties, even with some blemishes on it.A number of factors contribute to whether it is possible for you.  1) Location.