You want to be a Developer --think outside the box.Depends on Configuration of the land parcel and other rental homes in the area.

Everything is 5/5/30 (30 years amortized, 1st 5 years are fixed, 5 years variable, balloon at 10) or something of that configuration.

I'm going to try to bring this thread back to the original subject, which indicates that it is 1000 or less sq ft. 3 bed 1 bath rehabs1000 sq ft with 3 bedrooms is TIGHT and space must be configured optimally.How many rooms total?

Its possible its grandfathered in its current configuration.

How do you configure your auto loan to get the highest FICO score later on?

That being said, I don't know the area at all, don't know the unit configurations and don't know what the comps are showing. $350K could be spot on with a different set of eyes.

This is the worst possible park configuration and these rural parks are most likely set up this way.  

Outside of that we tend to use BK flags as further insight and do a little custom configuring to produce our bids based on simple ideas of if BK is filed and if Proof of Claim is filed, then payment streams and discharge and dismissal.  

Can you get an FHA loan with this configuration?

The configuration is four (4) 1-bed/1-bath 850 sq. ft. units, two over two, plus 4-car garage and off-street parking.