The biggest thing I noticed when doing my deal analysis is that the "rules of thumb" don't really apply in this area. 2% rule, 50% rule, etc.

What has been the most common things lenders have done that has caused the biggest headaches?

As our first SFR, the numbers don't look too attractive, but for a buy and hold scenario over the course of the next 5-10 years, the increased equity adds an additional incentive to buy.My question is: Is this just my perception, or could this be reality?

Try 21st Mortgage, they are the biggest lender on manufactured homes in the country, I believe.

For most people when they’re starting out the biggest struggle is capital.

thank you for breaking that down. my biggest take away from learning about the double close was that if it came down to EB not at ease about me making say, a 20-30k wholesale fee, a double close would leave my fee undisclosed to EB. but like i said the process seemed pretty face paced so i wanted to be clear on that and not get into a situation where i opted for a double close then was like..

The biggest con that I experienced was that after receiving the initial check at closing to fund the construction, I had to put up the money to continue construction after that.

The additional costs not factored include: adding electricity to the additional 5 units, paving the driveways (would use either limestone or asphalt), and then the biggest expense and unknown would be bringing in the additional mobile homes.

Trying to find my first deal that’s the biggest hurdle. 

Offer an incentive, like smaller security deposit than expected or offer a two weeks free move-in special.