I could list a lot of reasons why from my perspective but Frank Rolfe with Mobile Home University tells the story the best in this podcast. 

For this product most lenders will go off of the purchase price plus your rehab cost for a conventional loan.

what should be a reason to choose 1 market over the other how to identify a market to buy?

Both are options.You began to assume a list of reasons that "won't work".  

Shop around to see where you can get the coverage you want at the price you want . . . we have done well with Steadily as they shop carriers and can get what you want for the specific situation you are in. 

Pennsylvania's cities, such as Pittsburgh and Philadelphia, offer higher appreciation potential and lively rental markets, but the property prices are generally higher.Check out neighborhoods, compare prices, and choose based on your budget and goals.

Multifamily properties are selling just as fast as they were in 2023 despite there being more options on the market.If the trend of increasing inventory continues, we could see price growth slow down even more in 2025.

Darian, when you meet him, you already will know what you are buying from the pictures he showed you and price you agreed on.

Purchase price: $22,000 Cash invested: $35,000Currently rented. 1999 3 Bed 2 Bath Mobile Home Updated kitchen and master bath.

Lots of nice homes with longer DOM and price cuts.