We do rent to a few 20 year olds but they all work in the toyoda plant 45 minutes away so no much partying after a long day and drive time.

To summarize, there are several factors that have me (as a first time buyer looking at Multifamily FHA for house-hacking) to wonder how far off I am from purchase and starting this journey. 

The ones that drive 8 hours to sit on a couch just like they would at home are the worst.

The unit I am living in is a 1 BR/1 BA on the second floor of the building...the door to the attic is right outside my entrance and goes up to a big open area that USED to be 2 additional bedrooms, however, it has been vacant for years as there was a fire in the 80's.My handyman took a look and agreed that he could definitely add the 2 bedrooms, no problems...I know egress windows will be a major factor and I am also looking into the heating and electric to make sure it is linked to my unit's heater/panel.What else should I be looking/planning for?

The problem I'm seeing is that those "REO refugees" are now bidding on NPLs as a back door to discounted ownership, driving up the pricing for NPL assets on the secondary market.

Are there any other factors that you might consider outside of the usual items in a rental property deal analysis?

Now , you will have to add value for the homes , so this will depend on age/condition etc but lets say 20k per home  so 200k on top of the park value will make the "package" be 2,067,764.In this example rule of thumb, looks like actual expenses are close to rule of thumb ( now you are going to want to make sure that you have all expense factored in such as mgmt fee 5% , plowing etc). 

If comps call for laminate, you don't factor in granite. 

Factoring in FICO, history, ect.

I'm constantly on the road, driving as far away as Florida or Montreal every other week and Podcasts help the 10 hour car rides go by, and there's nothing better than learning while doing something monotonous like driving.