In my experience, any back-and-forth with the bank/fannie mae is more off-set by the discount I was able to achieve in the price of the property.That said, I'd recommend that you do a good study of your rental market there in Harrogate.

I read articles on the internet; studied several books; and even read some FBI reports on the "stopping power" of handguns.

Before I would look any further I would have a feasibility study done by a MAI. http://www.appraisalinstitute.org/That study might cost $10,000 or more... but you will at least know if a MHP is the highest and best use for the land.

From my early (EARLY--I am a NEWB) studies in the real estate game it seems that the main thing is you need to get that first rental property going (whatever it takes for your life situation) so you can later convince lenders of various types to finance other small multifamilies. 

Study hard and learn as much as you can about Real Estate Investing. 

I'm studying up on buy-and-hold strategies because I love the long game toward financial independence.

I am wrapping up the details in the basement of this house (finished), gathering my things for the move at the end of the month, and studying and taking classes every spare second I can stay awake!

Read, farm an area, study tax sales properties, spend some time at rent court, subscribe to your local legal newspaper  -- great place to find leads, people with back taxes, foreclosure, tax sale redemption notices and much more.Charles

It's hard but I won't give up feel like everything I've been studying is a lie

I've been studying real estate for a while now and I was interested in the wholesale part of the business, but as I came to reality I know I need to have a home for my son to grow in.