Cap rates, location, and understanding the cost per door alongside your mechanicals and capex is going to be key when buying multi-family. 

Shoot me a DM if interested and I'll connect you with him - I'm not putting his mobile on here.

They could in theory try to squeeze this into government guaranteed loan products, but it would be nearly impossible to enforce through that kind of mechanism.

Purchase price: $22,000 Cash invested: $35,000Currently rented. 1999 3 Bed 2 Bath Mobile Home Updated kitchen and master bath.

I have seen a couple of different ones that span from single family rentals to mobile home parks and commercial real estate such as office buildings, storage builds, etc.

Lot's of people like to bang the gong of cash-flow, but reality is cash-flow is a mechanism of sustainability of operations, not some big profit center. yes, some like to twist it to be, via various function of neglect.

Kesha,I would let go developing a mobile home park from scratch. 

It was an mobile home built in 1999.

Mechanics lien? 

So I don’t think you will see the same level of appreciation with mobile homes as you would with brick and mortar real estate - so i would recommend buying traditional real estate.