Run the numbers on a basket of deals you're looking at.

BUT the larger the deal the harder it becomes to pursue a rehab strategy with meaningful impact on appreciation. 

An article from The Mortgage Reports explains:“The amount you need to put down will depend on a variety of factors, including the loan type and your financial goals.

I have flipped new homes and townhomes but phased out raising a family and now am focused on utilizing my skills which are building, selling, expanding a circle of influence to focus my effort on the above.

They benefit based on the interest rate.

@James TobinJames, congratulations on deciding to take the first step into real estate investing!

I will tag you on the post.

Your key is to find 3 or 4 recent sales (Comps) on Redfin for instance, look at the finishes (counter tops, cabinets, etc) and try to duplicate what others successfully sold in the neighborhood.

Just make sure you do you research on Manufactured guide lines and requirements. 

and I was just one little mortgage guy with 450 loans out.. can you imagine the banks with hundreds of thousands of loans and servicing companies.. so having mass equity or paid for keeps this from ever being an issue. then when I sold these off.. most for cash but a lot I did a 30 to 60 month ZERO interest deal on.... and boy you should have heard the cash flow cool laid drinkers..