Then, I did a google search, and Airbnb came up in searches much more prevalently than did VRBO.  

@Sam Bernard, to expand on @Geordy Rostad, the bank will also want to see 6 months of reserves at the time of closing.Closing costs will be 2-3X what you have for a commercial loan.What's the prevalent cap rate for a similar property in your area?

I think given that market you're not in a bad situation because they are so prevalent.

Or any other arrangement that might be prevalent in the market that I am unaware of owing to a new entrant into the industry?

The no drugs are covered by the lease template I'm using, but can't hurt to add no guns, though probably less prevalent up in my area. 

Much more prevalent 8-10 years ago when a MH was basically free (cost of land value), but the philosophy still works. 

Although the trailing 12/p&l would be more prevalent for a unit count of 5 units and more would make more sense.

"Deals" are not super prevalent right now in the $175-250k range (in the areas mentioned above) as these have been a hot commodity for the last 3-5 months with multiple offer situations -- especially on move-in ready properties but yes, even on those needing work.  

There is pretty land there and there is very rugged, steep, unusable land there, with the latter being more prevalent.

@Derwin Villanueva, some questions/things for you to consider:What's the prevalent Cap Rate in the area?