Do these same regulations apply to condos?  

If so make sure the park will allow you to rent the home out later and you can turn it into a rental later and purchase a duplex after flight school is over.

There are no multi families in that price range but just for fun we were discussing value add properties:Here is a 250K duplex making 1800 rent/month.

There are condo/townhomes in this price range.

Upscale homes at the Villages at Tule Springs come in three styles: Desert Contemporary, Modern Spanish and Nevada Living.Lennar is building moderately priced townhomes and condos with a New York theme.

When I rented one of my condos, taxes jumped 3x.

I'm originally from Dallas, Texas.I currently own a condo in Hawaii I'm going to turn over soon after over 10 years of ownership.

But for example, if I am looking to buy a duplex for $130,000 and say the percentage of the total price that I need to be aiming for is 10%, I would need to be able to collect a monthly income of $1,300 from that property to make that property a good investment.

They are NOT doing FHA unless they're buying a duplex, triplex or fourplex for one of their first units.

Great post, @Steve MaginnisI'm working on a sale now - the owner is self managing landlord, he's proud how much money he saved for 25 years of owning few condos.He was renting his condo for $650/mo - no lease, tenant pay cash, he pays HOA, taxes and happy to have $400/mo cash flow.I rent exactly same condo for my tenant in this development for $890, same expenses =$250/mo and my PM=$100.