The rate and down payment requirements are incredible, plus you will have an easier time qualifying.

First of all I must say how incredible BiggerPockets is!!

It's difficult enough to get them excited about scenarios with 100% occupancy unless you already have an incredible relationship with them.Second, if your uncle can possibly help you get creative, that would be a good route.  

I am just not sure if it make sense to build in a small lot like this.The lot is only 20' wide and short too.Thanks in advance! 

I would like to know what the community thinks the value would be.12 older mobile homes (single wides) on individual lots.3 vacant lots (potential to put new homes on it)tax value on the lots is around 5K eachall homes "should rent for $400-500.What do you think i should pay as a cash value?

Once you made it, the view is incredible."

At best this map is incredibly dated and lacking in any sort nuance that would show an actual intimate knowledge of the areas presented and perhaps provide some relevant & useful analysis.

I think structuring the deal in this manner though will protect us from the DOS risk although my understanding is that this is an incredibly unlikely risk anyway.As to predatory lending and bumping the price WAY up...  

I think those two can be incredibly lucrative here, but for me I've never a) wanted to flip and b) wanted to bank solely on hopes of appreciation and not at least have cash flow moving in at the same time.

Think about that - there are folks out there, and more than you think, that have never had more wealth to their name than the cash they had on their person in their entire lives.As members of BiggerPockets, many of us have incredible advantages over our peers that we completely take for granted!