We manage 275 residential properties with the majority of those in Sherman/Denison so I feel uniquely qualified to chime in.Generally speaking, 3 to 4 bedrooms are the most popular and for a new build, they will lease anwhere between $1600 - $2200 depending on the area, size and amenities.

ALL of my major problem tenants happened to have had a average (adults in the household) score below 625. 

I find the vast majority of my stays are families that love the games and 30-40% of the time they bring their pet as well.

It could include selling well below market value, giving a majority interest to your partner (like 51%).

Major nightmare!  

And you can do it with little cash, 5% down conventional is better than 3.5% FHA.House hacking also gives you a chance to cut your teeth in all major skills: analyzing deals, buying process, financing, working with contractors, advertising for rent, background checks, property management.

Having developed a majority of my career in CA the regulations and red tape for construction and development are intense. 

The major negative experiences for me had to do with ship times (their updates are on the slower side) or what happens if product is damaged or arrives late. 

Unless a MH is put on a permanent foundation on an actual privatley owned lot, the majority of mobile homes depreciate in value over time.As @Greg Scott mentioned, you can find cashflowing deals if you know HOW to look.

We did major renovations and repairs on both units for about 40k total and were able to get rents up to $1250.