Are you looking for cashflow, appreciation, maybe even depreciation. 

They are typically less profitable as condos do not appreciate as good as single families.

There are a variety of guideline requirements we have to consider based on the property itself or even the loan type.

You are not going to buy land and put in a mobile home and the lender in 6 months will consider it a single family home.

Since you have more time than capital right now, consider side hustles like Airbnb co-hosting, property management for other investors, or even leveraging your nursing background to consult for mid-term rental owners.

For out-of-state investors, I suggest considering a C-class turnkey single-family home.

Is it single level?

As opposed to someone that works a year or less at each job or even moves state to state often. 

Consequently, your financial stability hinges on the emergence of new companies generating equivalent employment opportunities.Sufficient to Replace Your Current IncomeA single property is unlikely to generate enough rental income to replace your current income, so you'll need multiple properties.

Even developing a mobile home park, affordable townhomes or self storage.