It’s an active biz but you can really juice your returns.

and not really for the same reasons.. its because the asset class is unsustainable long term.. don't care were it is.. these homes when bought by Morris disciples on the ground are the cheapest homes in the worse areas. then they are juiced up to the 40 to 60k price range that Morris likes to sell. and you have people buying hood rats for way more money than they could ever get out of them.. and then management nightmares I don't care how good a PM is.  

I know investors that approach the MLS and real estate agents and use the strategy of "Wholesaling Lease Options" on properties with sellers who want full market price.Going after MLS properties and For Sale By Owner is the "low hanging fruit" of real estate investing.

To begin with, our biggest expense was the kitchen rehab (gutted the kitchen and after all was said and done we included all appliances which we would not have if it wasn't a mobile home, but because it was a mobile with a great view, a fabulous and massive front porch, and a lovely orchard including 5 different types of fruit trees, etc. adding all new appliances was a recommendation made by our mentor as a final selling point that has gotten great feedback thus far). 

However, it certainly can be fruitful as well. 

That's like asking the guy at the grocery store "Hey, I really like the fruit you sell here.

Wholesalers will bear more fruit in that space. 

If you are looking to do rental arbitrage, targeting SFH or small multifamily may prove to be more fruitful as others have suggested.Is the apartment you are living in near entertainment and would the owner be open to letting you do short term rentals on one of the units?

  :)Have a wonderfully productive and fruitful day.  

This combination of factors makes Columbus and its suburbs a compelling choice for real estate investors seeking a fruitful out-of-state investment opportunity.