Mobile homes can cash flow pretty well as long as the park fees aren't too high.In the Central Valley nice mobile homes sell for $60k and up, and section 8 can fund it, in Fresno a section 8 voucher for a 2 bed unit will pay up to $1604/month.  

It is partly your job to "sell" him on it, and partly an education and relationship-building game from your end.Also, take a look at the buildings history, when it has last sold for, if it has bounced around on the market or not etc. 

This means the interest rate gets bid down to al low as 1% and the price of the homes is bid up to an amount higher than you can sell it for.  

You should sell your current home today and rent a place for a year or two.

These are local or private lenders and would hold the loan product.4 I do not want to sell or buy real estate for others.

@Brandon Green - if you "set up a S-corp holding company that owns the LLCs holding the rental properties", and both are passthrough entities, and sell property, wouldn't the money pass to the S-corp and trigger the unfavorable conditions?  

It seems crazy to there are people that don't know they have ownership in a property and can sell it, but it's not that uncommon at all.    

However, there are issues that arose in which we may need to sell immediately due to possible developments going in which could damage the homes value. 

It was rented for 3 1/2 years so I missed the opportunity to sell as my primary home.

Your books will show actual rent income when you have to sell the property.4.