While I know Brandon and his team has experience, the going in cap rate is very low for MHP (I was told mid single digit).

They only book at low prices here.

This is a fine example of where to research out of state investments as the housing prices to purchase are still reasonable and low (not like California where I am and entry level house SFR is a million dollars). 

It possible that the market will stay low for a long time.

As indicated your maintenance/cap ex is too low. 

Most lower priced condo projects are not very healthy and why they are low priced.

There was positive population growth, medium home price growth, low unemployment, good rent to home ratios, and low crime, all of which are factors when I start looking into an area to invest in.  

Rates as low as 7.25, depending on credit score and LTV.

This works best when the seller is motivated and open to flexible terms.4.BRRRR Strategy (Buy, Rehab, Rent, Refinance, Repeat)– If you find the right undervalued property, you can finance the rehab with short-term funding and then refinance into a long-term loan, pulling most or all of your money back out.5.House Hacking– If you’re open to living in your investment, you can use an FHA loan (as low as 3.5% down)to buy a multi-unit, live in one unit, and rent out the others.

I usually have very low turnover so I was hoping to organically grow my presence and name brand so that I had more visibility in the marketplace.