Being a solo agent now, without a ton of experience full-time, is very, very difficult.

I am a fairly new investor in the El Paso area and have been trying to establish a solid team and I am finding it very difficult...I'm sure I am not the only one.

You can also invest OOS (I'm investing from out of the country and it's not that difficult).

The massive amount of pre-development work required to get a LIHTC application approved makes small projects difficult to justify.

@Gary Wildey There are numerous factors, and a huge one I would echo is what @Michael Dumler mentioned: if you don't have a team in ANY market (whether in market or OOS), it can add another level of difficult to your investment.  

Also, patience isn't necessarily a bad thing since good deals are difficult to find with current prices.

There are a lot of other restrictions here on owner finance that make it difficult. 

Since you lived in the area it won't be too difficult being a landlord to one  SFH.  

It is difficult in my mind to make an argument for the adjustable rate loan.If you take cash out, what will you do with it?

If it is difficult for you to finance now, it will likely continue to be difficult to finance for the buyer you try to sell it to, so unless you can A. make the old mobile home not an old mobile home or B. make it easy to finance then it's just asking for complexity down the line.