Until two months ago we were pursuing early mortgage payoff Dave Ramsey-style on our primary residence.

.)- The product and what the market wants (Style, appliances, security, rent price, etc.)- What is a "good deal" in your market (Each market is different, so you should practice doing an analysis on all types of homes to see what is a common denominator and go above that)Basically always be LEARNING!

I will look into the Home Style loan for the future.

Leisure Village West is a gated community, mostly attached townhouse style units (quads, doubles, etc.)I would stay away from the MHPs unless your'e buying the whole park lol.

Research the pros and cons of each and decide what fits best into your investment style - what you believe is the best opportunity.

Large single family homes have gone out of style - often called as McMansions, built in the 80s - 90s: 5,000 SF trimmed out in golden oak...

That aside, I cook more than have clothes, though I would agree most people are the other way around hence the closet could win. 

@Brendan Murphy  FHA 203k , Fannie Mae Home Style and Freddie Mac Choice are the best options. 

You work hard, you deserve it (sarcasm))You don’t buy new clothes, toys, electronics, gadgets.

There is no one size fits all classification, but I've found the following to be instructive:Rent: Top 1% in your area is A+, top 5% A, top 20 B, etc...Age: Brand new construction is A+, under 2-3 years A, 5-10 years B, etc...Tenants: High income white collar is A+ down to unemployed section 8 in CNeighborhood: Resort style is A+ down to war zone at DAt the end of the day it's a judgement call (freshly remodeled but 30 year old property in a great neighborhood is probably a B), but this framework can help with that determination.