Ali,When planning to buy in NJ the biggest thing I would tell you is to plan/research for the closing costs.

It's the land/location increasing in value - not the home itself, in my personal experience and opinion I think location is the biggest factor in mobile home and manufactured home pricing.

That’s the biggest risk 

I brokered a townhouse development in the early 80s and we gave zero coupon bonds to the buyers as an incentive to buy.. and If I recall the bond held 30 years would mature and have enough that equaled the entire price of the home. 

My biggest blocker to doing more deals in financing, which is why I'm taking a look at this option. 

I I learned how to fly years ago in about 10 hours I soloed.. but I was not licensed I had a student license after passing physical but you still needed to take the big test and a flight test to be legal and get your wings.Real estate for most folks is their most important or biggest financial asset they have or will have and now you have all these unlicensed yahoos running around with little to no education many with very suspect morals etc .. trying to bring buyer and seller together for compensation..

The biggest and best thing that you can do for an investor is bring them deals.

The challenge for present day investors is with elevated mortgage rates and record high housing prices, the carrying costs and incentive to invest now can be restrictive. 

The biggest challenge I’ve heard from owners that went from self-managing to under my management is that it is time consuming and a learning curve because STRs and MTRs are not just housing solutions.

So hopefully I can put about $300 into savings a week.It isn't the cost of getting into a house that you need to focus on, it's the ability to cover the expenses and KEEP the house that is the biggest complaint from buyers in that last couple of years.