Unfortunately, I have quickly realized the mortgage is much too steep a payment to promote a net positive cashflow even with all rooms rented.

Is it possible to rent the mobil home to section 8 tenants even if you have to rent the land the mobil home sits on, or does the land have to be sold along with the property for it to qualify?

My only worry is will they all be worth the amount of rehab that will be needed and will they even increase in value enough to make this deal even be worth the time is could take and money. 

Places like, Memphis, Little Rock, DFW, HOU, SAN or even OK.

Expenses are notoriously high even putting CA prices to shame.

You also should list how much $ you are putting into the deal even with ownership of the lots as depending on that equity a lender will require you to start with your own funds. 

Whenever I send my PM a question about rental estimates, I always ask if they manage (or even own!)

If you had a no rise, then I don't think you even have to get FEMA to review it. 

Renter may break contract early with $5,000 penalty and 30 days noticeAdditional context: Hawaii is a hard market for locals and first time homeowners to enter.Aloha Daisge, Given the current market conditions in Kapolei/Honolulu, IMHO, I don't think that those terms are attractive and will not be much of an incentive for locals or even Military PCSing into Oahu. 

@Alfred Fraser I never even contacted them.