While this isn’t traditional RE path, you can acquire condos as you grow and become both the investor and the support for others.

I think you can only have 1 FHA loan out at a time, so your second loan in this scenario would end up being a traditional loan which I believe for a primary residence is 5% down.

I feel this would take a long time and have many strings attached with a traditional bank?

@Christian Bachelder Thank you for the prompt response!

Both the Urban Institute and Market Watch reported on recent data put out by the Federal Housing Finance Agency that demonstrates the appreciation of manufactured housing in direct relation to traditional site-built housing.

Should I use a 30 year traditional loan at rate of 4.875% and 4000 closing cost OR home equity loan with rate of 4.75% and 550 closing cost?

If my closing costs would be reduced if the seller agrees to carry a note in lieu of a traditional mortgage, can I offer a bit extra on the purchase price?

If you can put the deal together and find your buyer the financing through a private money lender or a traditional bank that's easy to work with, that's going to make it much easier for you to sell that property and add value than it would be to do cash-and-carry.

Many of my bank contact are fairly traditional.

I never found much value in them and have done better with traditional bank financing.