@Sid Naik I'm not saying that it wouldn't translate in the traditional definition of how you calculate valuation based on NOI and cap rate, BUT at the end of the day it is up to the seller what they want to sell a building for and many owners are still living in pre-pandemic valuations hence why there isn't a whole lot of movement when compared to SFH.

A year later I was able to refinance through a traditional bank.

I focus on mobile homes and parks so I can appreciate the difficulties of 'non-traditional' deals.

We were going to go the traditional mortgage route, but I recently listened to an early podcast that explained Self-Directed IRAs and it sounded like something to look into further.In searching the BP forums, it looks like there are these Solo 401k's that people suggest too, but need to be self-employees in order to qualify.

Some are out of state (lots of buyers from California), others are AZ residents just looking to diversity from traditional stocks/bonds, and I'm helping other buyers use low down payment programs to purchase a 2-4 family to live in one of the units as their primary residence. 

  #1 - Of course traditional, hard money lending, FHA loans are but a few of the options to purchase such homes. 

This would seem to make it nearly impossible for someone to use traditional bank financing to purchase a property at a sheriff sale.  

After the 5 years can they get a more traditional mortgage or is it 5 year after 5 year after 5 year mortgage?

If so, what kind of returns are you getting vs a traditional lease?  

The house has a more traditional shape with the single gable roof, but we have added some tin accent roofs to set it off.