We have Arkansas State University, 2 hospitals, and several factories.

Another less-ideal factor is that if I buy these on one loan (as may be necessary to meet minimum deal size) then I will have them forever linked, even after I refinance, unless I pay off the loan.

We buy from all factories, but most of our homes come from CAVCO and Clayton.

If so, one major factor I would consider is the quality of the on-base housing. 

Appreciate the help :)If you absolutely cannot run it as an AirBnb yourself, then the kind of person you make the agreement with is obviously the biggest factor. Is

If it's 1942 and you own a gun factory, are you going to make M1 Garand rifles for Uncle Sam, or shotguns for bird hunters? 

Another factor is reluctance to return to hotels, combined with hotels being slow to reopen.

I understand this does not answer your question but it is an important factor I thought I would share since im currently in a situation with an hoa auction purchase.Make sure you do a lot of Due diligence on it.Most county records are public information type in the parcel number most liens should appear. contact a title rep and see if they can dig a little into it.

Many large to medium institutional lenders are that way because its more of a "factory process" for them.Hope that helps. 

But the reason for the importance of this factor is now clear: the presence of frequent and substantial sales is highly relevant to each of the principal statutory inquiries listed above.