I am currently in Business Development for manufacturing company.  

Hi, I'm a current student at Virginia Tech.I read a REI thread on another forum and opened an LLC to conduct the resale (and financing) of manufactured homes.

Your biggest qualifiers for going with a conventional loan will be:The dwelling unit is built on a permanent chassis and attached to a permanent foundation systemThe manufactured home and the land on which it is situated must be title as real propertyThe home should have a HUD Data Plate and the HUD Certification Label (tag)Any idea on those?

.- parcel of land is .9 acres. mostly flat, few dense trees is back that can be cleared or left alone- currently zoned for residential but we're inquiring if that can be changed- closest town is less than 5miles away with population of approx. 16K in 2011- located less than 2miles from small county owned joint civil/military airport. 77% general aviation, 23% military. average 60 flts per day- adding water and sewer to property is approximately $2500.00- median average income $35K, median house/condo value $115K, median gross rent 2009 $585- 9.8% unemployment 2012, 2005-2009 Industries: (1st) Manufacturing: 16%, (2nd) Retail: 12%So, what would you guys and gals do?

I've run into a few who only call them manufactured homes.

Purchase price: $1,100,000 Cash invested: $400,000 The subject property is a 22 space professionally managed manufactured home community, comprised of 18 single wide spaces, 2 double wide spaces, and a duplex comprised of two 500 square foot one bedroom units.

I might suggest traget direct mailing to homeowners that are adjacent/near to blue-collar and service type of job/employment centers (factories, light manufacturing, etc) where jobs are being more apt to be lost.

Ultimately we are going to want to focus on owning apartment complexes and manufactured home lots.

Manufactured homes are okay as well, with the stipulation of them being 1990 and newer, on their own land and have the ability to be financed in the future (never moved besides original placement).

We have a family business of hardware manufacturing in India and are now looking to expand our business in USA.