@Lukasz Lebensztejn If you mean individual mobile homes (rather than parks), I’m happy to help!

Per usual consult an attorney or tax professional for your individual situation. 

If these were priced individually they would probably go in the 250 to 275 range.

It’s a very individualized question, but, as a general rule, I think many Pittsburgh buy and hold investors who don’t want the hassle of dealing with Pittsburgh City gov’t stay out of the city limits.  

@Chan Park we as individuals do not have the means nore are we expected to be a sole social program.

Lenders have mentioned that they have minimums for each loan's underlying asset - either a sqft minimum (750sqft) or an appraisal value ($150k), or both - neither of which those parcels meet on an individual basis. 

I am thinking of doing 25/25/25/25 split for real estate equity, individual stocks, employer retirement account, and cash.

Additionally, if you are a silent partner on the investment, this is also considered passive.This law was passed to try to hinder wealthy individuals from using depreciation losses to offset taxable income.

They use a loan committee so you have real people looking at your big picture rather than the individual transaction or strict guidelines. 

After renovations, I purchased the house with a conventional loan back from the cash offer individual with 3% down.