I would say for most people, the 1st position heloc is no a good bet, especially if you have a 1st mortgage rate of less than 5%.Using this strategy with a 2nd position heloc can be just as powerful, so you can have your cake and eat it too!

The price points here are a little high, if you don't go for a 55+ community/mobile home property. 

Also your plans may change during the next 3-4 years while you’re in school so sitting tight and building your nest egg may be the best bet until you graduate.

I am betting a lot of media is going to be coming out of how under insured people were because to be fully covered was "too expensive".

(I know a lot of investors who are doing this, but I've been surprised to find out that it's a new concept that others haven't considered.)The more units, the better in this scenario because you can hedge your bets with more units.

I’m betting on it.  

Your best bet would be to find a portfolio lender whose niche aligns with your investment strategy. 

Purchase price: $82,077 Cash invested: $50,000 Sale price: $275,000 Fix & Flip mobile home with extra lot.

To confirm my recommendation ask him for references at his current developments, I bet he won’t give you names and will make up an excuse!

Hope you get a mobile home expert to help you out.