The right property owner you are looking for is someone who are looking for long term stable income, don't mind take a little discount and maybe waive the first month rent if you can somehow convince them.

Generally most of us aren't going to go through the guilty party's profile and take down everything that qualifies because it takes a lot of time and effort, and most threads have an extremely short shelf life - no one is going to remember it or see it a couple of days from now.

More secure and stable than an STR (also less competition) but you aren't in the red like you'd be with an LTR. 

Of course the co-signer should be significantly stronger in ALL areas as compared to the applicant...usually this is a parent or relative, and they should be well established, with ownership of real estate for years; long and stable employment; no, or very distant, criminal and traffic court records; well funded SAVINGS/IRA's or stock market accounts.

I am not saying you have to find a way to get a $100k/yr job, although that wouldn't hurt, but a stable W2 salary is going to help a lot. 

The term Diversified Core Equity style typically reflects lower risk investmentstrategies utilizing low leverage and generally represented by equity ownership positions in stable U.S. operating properties.There are currently 25 private funds that are included in the index.So in short, only this froum is tracking private data from an institutional private core-only real estate syndication.They're tracking core-add only and un-levered position.Here is the return of Commerial Private Real Estate core-only unlevered position for 4 quarter :        Q1__Q2___Q3____Q4____Annual 2007 3.71% 4.82% 3.68% 1.90% 14.84%2008 1.15% 0.09% -0.85% -11.04% -10.70%2009 -13.89% -9.24% -7.52% -3.70% -30.40%2010 0.51% 4.09% 5.22% 4.70% 15.26%..2022 7.14% 4.54% 0.31% -5.17% 6.55%2023 -3.38% -2.88% -2.10%  n/aAnnualized net return from Q4 last year : -15% !!!

This could mean investing in property flips or purchasing out-of-state rentals for more stable income, but it would require letting go of the $1,350 rental income from the manufactured home.What factors should I consider for each option, and how would an experienced investor assess this situation mathematically?

However, some investors see potential in these markets because of low entry costs, steady military demand for housing, and decent cash flow from rentals, especially if the area has stable, government-backed tenants like service members.

You’re on the right track, and it’s a solid strategy to start with long-term rentals to build a stable income base.

If so you should have a somewhat good understanding of what neighborhoods do and don’t have potential, start with the best neighborhood you can afford find the worst property in that neighborhood, that way you know you’re buying in a place where the economy is at least relatively stable and appreciation will be more likely!