It would seem all the bad investment myths surrounding mobile home purchases have really been opinions repeated often enough to sound like fact.You can read the rest of my thoughts on this new report and what that will mean for the MH industry here - https://www.linkedin.com/pulse/fhfa-data-proves-mo...What are your thoughts on the FHFA report regarding manufactured homes?

@Jonathan Manacchio I agree with the comments surrounding Hood River/White Salmon and The Dalles if you don't mind going that far east. 

But if you want to build a business around it you must first become a student of the game, surround yourself with experts, and build healthy relationships with people you trust. 

Take a bigger step.Go bigger and target 5+ units, commercial side.Consider not buying turnkey properties, find some properties that need some value add or have been neglected.Cast a wider fishing net and search for properties in the county and surrounding counties where you may move too.Understand the local tenant and state lawsConnect with brokers, mtg brokers, property mgmt companies, other investors or potential partners. 

For the ARV I simply looked at the surrounding properties which ranged from low 200's to high 500's and did an average (not sure if there is a better way) The Max Allowable offer is slightly above the asking price, essentially making this a good deal. 

He said he's completely gutted and flipped 15 houses last year, he showed us pics and the work was impressive.Neighborhoods felt very nice, but surround areas seemed a little more rough (strip malls, etc.)

I am looking to simply spark some conversations surrounding Long distance investing.

If your goal is to own 10 properties why don't you use the refi cash to purchase a 3 to 4 unit in your area or surrounding area and that will cash flow to help you grow your portfolio.

Try looking at the surrounding areas which will not increase your commute as much. you should be able to buy a 2 family if you go out a little.

Cincinnati is currently on the list of areas my partner and I are looking into invest into. Have a couple of friends who recommended Over-the-Rhine, Evanston, Norwood, Oakley, and Hyde Park as places that would be wor...