Making progress, just don't have the right group yet.

I I chose R-20 as I felt that was safest bet considering I couldn't live on the property otherwise and it would put the originally staircase in jeopardy.

Having an additional 10%-15% of your rehab budget for cost over runs is always a safe bet, and then there is the monthly carrying costs.  

For me any type of passive income investing in MHP's is predicated on the following:VacancyAge of the homesArea demographicsInfrastructureAmenities Most importantly is the park in the "Path of Progress"?

Buying your own home will reduce your taxable income(a benefit in the now,) and will give you a more certain understanding of future housing expenses, and may even give you and your family a sense of security, but in order to be a better bet financially vs. renting, you practically need a high level of appreciation.  

I bet if you focused 100% of your efforts in Lauderhill FL, you would be able to get a few under contract.

As time progresses, and with a few deals between myself and a borrower, I may relax my guidelines somewhat.

Your best bet is to go there on an evening and see how the block looks then. in a way you are fortunate because these are the summer months and you can get a good feel of what goes on around that house. if you see a lot of hanging around on porches or a house with a lot of traffic (foot and car), proceed with caution.  

Just like a bad tenant who raises red flags, you want to deal with those immediately before things progressively get worse.

So maybe the insurance policy is a better bet for me?