Will need to know density, parking requirements, can the building withstand building on top, lot size, future planning etc…. depending on how well the zoning and platting dept plays with others!

Make sure you research rental licensing requirement per municipality as they very greatly and make some cities a real pain to deal with. 

It’s a manufactured home and there’s also a two car garage.

My point is buy n hold requires some time and effort.  

It does cost money and you are required to take classes.

Many states have non-judicial options where if the contract allows for it(most contracts do) then no court involvement is required to foreclose the property.

Can you generate custom reports in Buildium to match the Stessa required format?

If it's a commercial/DSCR loan, then licensing may not be required.

I think my main point, which you’re experience lends support to, is that while there are below market deals out there, it requires a continual effort of being “in the market” and looking at 100s of deals to negotiate the rare below market purchase.  

You can give notice to one of the tenants, then move in and rent out rooms to further cut your living expenses.Yes, something I've considered but does require me to move from CA to TN, so big life change.