-Loan bal is around $300k and home worth low $400s.

It has a Walmart, Lowe’s, Home Depot, Applebees, and a 99 Restaurant which is a New England chain as well as tons of other businesses and restaurants.

Both of these allow you to low down payment loans to buy a primary residence with fixed interest rates.

R5 is a little confusing to me - "intended for low-medium density single-family detached residential development at an urban density of 5 dwelling units per acre".

This allows you to benefit from appreciation, continue building equity, and still access capital for new deals without sacrificing an ultra-low fixed-rate loan.Would love to hear what direction you’re leaning—lots of ways to approach this depending on your risk tolerance and goals!

With other mobile homes when it comes time to sell and if I need the cash then I give a low price so that I can sell for cash.

However, given that many sellers have locked in ultra-low mortgage rates from 2020–2021, the existing home supply remains constrained, which will continue to support home prices in certain areas.For investors, rental properties remain a strong option in an inflationary environment.

From what I hear it is low, but still there.Keep in mind your loan will likely get sold, so you need to do more due diligence other than what a loan officer is telling you.

You can also use some low-down payment mortgage products to continue buying in your back yard while house hacking and renting to others. 

In my experience in MO, land bank properties are very low priced (these are generally properties/parcels that weren't sold at the tax auction), but they often have significant tax liens on them that must be cleared in addition to the "sale price" AND they require a significant amount of rehab in order for the properties to be inhabitable.