It would not be owner-occupied so my concern only goes as far as the area not deterring potential tenants from wanting to move in.

Shoot me a DM if interested and I'll connect you with him - I'm not putting his mobile on here.

Lots of BS excuses and finger-pointing at their hired out Accounting Team for this.My biggest concern now in terms of this one investment is that they are way over-leveraged and are in a position where they will need to refinance soon which will likely result in negative cashflow with interest rates where they are at.   

Purchase price: $22,000 Cash invested: $35,000Currently rented. 1999 3 Bed 2 Bath Mobile Home Updated kitchen and master bath.

My only concern is that I am under a work visa, which can be renewed, however I am not sure if for the lender that would represent a risk to have a loan for let's say 30 years.  

I have seen a couple of different ones that span from single family rentals to mobile home parks and commercial real estate such as office buildings, storage builds, etc.

@Tim JohnsonThere are essentially two ways (and a few variations) to purchase this deal, depending on how the owners are selling it:As a going concern:  In this instance you are buying the business, so it is the business you evaluate: assets, liabilities, revenues (historical: 3 - 5 years), operating costs (historical: 3-5 years), future financial projections, goodwill, etc.    

While this drop might seem concerning, it also signals opportunities for buyers to find value in the market.% of Original List Price Received: Sellers received 96% of their original list prices, down slightly from last year.

So longevity / durability is still a slight concern there.  

I can understand your concern of not wanting to lose your tenant due to a rent increase.