Consider your credit score and history to determine your eligibility for traditional or creative financing.

Being in foreclosure and buying after foreclosure are two different things. you could still do a traditional foreclosure and buy it prior to foreclosure.

Sometimes a fresh perspective and the right contacts can turn things around.Don't let the traditional lending approach get you down.

It sounds like you are looking to use Traditional IRA money to purchase a rental property?

If you finance the second property with a traditional loan, you can pay back your HELOC and use it again. 

Traditionally if you want to hedge against inflation, RE is a great choice.

Traditional 30-yr mortgage with 20% down.

Gets deeper from there, but that's the high-level.My goals included being work-optional well before the traditional retirement ages tied to retirement accounts, so therefore the places I put my money needed to afford more flexibility. 

Unlike traditional rental properties, where tenants can easily move out, mobile homes are harder to relocate.

If this is your first investment altogether, I'd opt for a more traditional, simpler purchase.