I like the West Mobile area, its class A area, you can definitely find deals there, 3 bedroom with 2 bathroom for around 220k or so, you may have to wait a couple of years for positive cash flow but properties there increasing in values better than others.

Do you have a a significant budget to get plumbing, electrical, mechanical, etc to the building? 

I was at a live tax deed auction once and the last property up for bid was a dilapidated 70s era mobile home on a leased space in MH park. 

It is already off putting that I could not be allowed even to use a tent or trailer, RV, mobile or tiny house even temporarily.

@Ashley Wolfe if the mobile is attached to its own land, you can use the 1 to 4.

My question is if we are marketing this as land, is more value added from the 2020 mobile home or the multiple utility hook ups?

If you can’t quantify risk and don’t understand the mechanics of “weighted” average of expected return and range of returns (standard deviation) then you are at a severe disadvantage and should consider a competent investment / financial manager for your investment capital.  

I am looking into buying my first rental property (likely a mobile home) and catering to them.  

Cash flow is mainly a mechanism of leverage in the deal.

We have a lease clause that plumbing issues caused by the tenant that are not the result of a mechanical or material defect in the plumbing material are billed to the tenant.