What made you interested in investing in this type of deal?

I made a mistake and forgot to ask the seller for rent history so I started the eviction process and the official eviction date is May 1st. 

The listing agency is saying it would be about $20,000.00 per month to borrow that much but considering you should be able to get a bare minimum of $1,250.00 each unit per month, and probably more, there is some cash flow that could be made.  

What made you interested in investing in this type of deal?

Made calls to sheriffs dept and community planning and development.

Modular home subfloors are typically made from particle board and usually start out as 3/4".

Just be aware of the HOA fee future.Developers typically set the HOA fees as low as possible to get buyers in.Once they turn the HOA over to a Board made up of actual residents, it's not a question of if, only WHEN HOA fees will be raised to where they should be.This will adversely affect your cashflow, so you should plan for it.

I made some resources for my out-of-state investors like a neighborhood graded map and contractor rolodex that I can share with you!  

I'm in Tulum now to see how things are progressing and I'm overall seeing Tulum with a different point of view where it feels like there's an  oversupply of units and not enough progress made on infrastructure.

It's possible your loan officer had factored this in already, but you will typically need to have a signed rental agreement in order to show that your existing property should not count against your DTI.