Just remember Mobile/Manufactured homes just like traditional RE is a very local biz and every geographical area has its own demographic and economic dynamics.

I'm getting used to the format and hope to be a dynamic contributor soon!

@Eric Michaels Wanted to get additional information on nuances or other intricate subjects which I should affix more due diligence.

There is a whole different dynamic when your landlord lives next door...I would look into a duplex, while you can get up to a four-plex with FHA, go for quality over quantity.  

I too was wondering...I have been listening to his webnair and he seems quite innovative and dynamic however I cant get hold of anyone in thier office via phone or email for more info.

Cleveland, Toledo, Dayton, Kansas City, Birmingham, Indy etc...The important thing is to learn the dynamic of the market you choose to buy in.

You might also want to write in that you have access prior to closing to "pre-rent" the units, but don't sign leases that start prior to closing and include a "subject to closing" clause in your lease in the event that the deal doesn't close so you are liable for damages with the tenant.Yes, this does change the dynamics of the deal slightly, but it doesn't ruin it, in my opinion.

But I'm unfamiliar with the dynamics of this type of investment:- Are the first units harder to sell and buyer-finance, because buyers and banks look at occupancy to cover HOA costs?

I lived in Lancaster, CA for 3 years as well so I understand the LA dynamics.1) I've built relationships with local banks in both cities and have used traditional (i.e., freddie / fannie mac loans) for most of my properties thus far. 

It all depends on the commercial dynamics of your area, which is why a local commercial brokers works best for you.