This, obviously, has wet my appetite for "more".  

Every bank will not have an appetite for MHPs so you'll have to find the ones who do, but when you find the ones that do, usually they will have a STRONG appetite to lend on them because they tend to be the most recession resistant part of their portfolio. 

Sure we are all bringing a little skin to the game (again we are saving 50% or 66% down payment for each of us as apposed if we did it separately) and we also bring different skills and points of view to help suppress failure through our agreed upon business plan. 

I'm also not familiar with banker's appetites if non-bank refi's are in play.  

Depending on your appetite for risk, you can look into C/D class properties/neighborhoods in Boston/Greater Boston Area.  

Keeping in mind that every lender is different - they have different appetites and risk tolerances (pricing typically is relative).Lenders want to see:A good deal - something you can make money on - that should be important to both partiesSome liquid assets - Money in the bank, the ability to handle a deal if there are cost over runs or a long holding period. 

Get a taste and make sure you have the appetite for this market.it is not for every one.

I've even known some people to post "fake" ads for units they are considering buying to see how many people reply and what the market appetite is like.Even with a larger down payment (~25%) I'd struggle to make this one work. 

I've wanted to get involved in real estate investing for several years now, and have sat through enough classes, webinars, and courses to whet my appetite - now it's time to take action!

You can make money in whichever areas you like, depending on what is affordable for you, your appetite for risk and what margins you want.