However, the bottom line is the investor determines the minimum profit or minimum ROI (or whatever calculation they prefer) they are willing to accept. 

I'd definitely prefer to stay local and I want to believe what you're saying but I'm not seeing the opportunities locally at the moment. 

If you are going to owner-occupy, you also want to benefit from the OO preference periods offered by HUD, Homepath, and Homesteps.

So, this option would require us to pay two mortgages for a period of time (which, obviously, we prefer not to do). 

Investor reportedly made ~10-15% (he purchased the tear-down almost two years ago for $850K).Some of our options for each house include:Rental house: Long-term tenants would happily buy from us and we could do owner financing, or we could tear down and build, or just keep renting it out (tenants prefer to stay).  

If you want to keep this alert as is, you can change it back in your notifications settings .I rely on these keyword alerts to not be late to the party so to speak :-) I usually have BP open all day on my browser, and do not necessarily click through to a conversation through an email, but I rely on the notification from the email to alert me in a timely fashion.That said....I would really prefer that instead of changing my settings on your own and leaving it up to me to figure out what is going on (took me a whole day) and then make it my responsibility to change them back, that you would ASK ME first if I would like my settings changed.

I prefer in-stock, assembled cabinetry so I can exchange quickly if I get a defective or wrong item. 

Based on my experience in years in Real Estate Investing, Mobile home market is kind of like an acquired taste.

The reason is simply supply and demand ... if there an abundance of high paying jobs and it is generally a desirable place to live, then many wealthy people will pay a premium to live there, and they will generally prefer to live there long term and favor owning over renting ... this is reflected in the market pricing. 

Matt,I know you are an enormous fan of UCLA Anderson's forecast, but taste some other Kool-Aid out there too!