While the cash flow looks attractive, I am concerned about the long-term viability of the investment since the location is not ideal and these are older, albeit partially remodeled, mobile homes. 

Real estate investing is typically hard and risky and requires a significant amount of management to cash flow and increase its value.

Once you have deal flow, you can hire a virtual ISA to help scale up the cold calling.

@Yury Maslovskiy at this point ROI isn't really relevant what matters is your cash flow every month.

We were looking for duplexes and triplexes in New Jersey, but that market is crazy and nothing would cash flow properly and everything was out of our price range.

I personally love the Cleveland market for its cash flow. 

The cash flow is good, I believe, I had a profit almost every month since I bought.Kind regards,Erika.

I used my VA loan to buy a 4 plex in 2020 and still own it today, it cash flows about 2k.

Lawrence, Haverhill, Nashua, and Manchester markets are tempting because the property values are lower.The margins between estimated monthly expenses and gross monthly income from the property are much smaller and could cash flow after minor updates and repairs.  

This would theoretically give me like $500-$600 of cash flow but I would lose out on any appreciation.Concerns I have about this strategy is 1.