This makes me much more comfortable as I am evaluating these potential properties and the numbers seem to work.   

When you are evaluating appreciation, ignore the COVID period.

All are in some progression of application submittal or approval. 2 have already received funding for prior months but had to resubmit documentation for further funding.

Good luck on your journey, welcome to Bigger Pockets, and keep us updated on your progress!

When investing in neighborhoods that are gentrifying; you want to see progress all around the subject properties; properties that are renovated, properties that are currently being renovated and the ones you want to purchase.

I would like to get smart on this so I can really evaluate opportunities and create some confidence when evaluating opportunities.Thanks in advance!

I start with researching the areas (no bad areas), migration patterns, and whether there’s more renters or owners in the area and what else is around me such as amenities/schools.I’ve started buying a little farther away from my target market by following the “path of progression”, county or city growth.

Those are the big financial risks in early 1900s homes, and if they've been addressed, they can make for nice houses to add to your portfolio.A good, investor-friendly agent will know how to evaluate those homes and give you good buying advice.As for locations, the Midwest still has plenty of 3/2 houses that list under 200k, but they are getting tough to find in ideal neighborhoods.

When evaluating mobile home parks you would need to know about market value of current homes, are they single wide, double wide, is the park 100% full, are the utilities public or private, if private are they in good working order, what are market rents for homes in the area, what are rents for apartments, how much is the lot rent, how much are they paying in rent on each home for the 50% currently owned by the park, is it in a good market, are the rents being paid at market, are the lot rents at or below market, what are the real estate taxes, is there rent control, what capital improvements are needed for the park, etc...

If you decide to sell, I wouldn't make any decisions about repairs until you are closer to that time to evaluate the current condition of the market and the house to stress test what is needed.