I'm considering pursuing flipping. I have about $50-75k in cash I can dedicate to this, and I'd like to fund the entire operation in cash (purchase and rehab). This is impossible where I live in nyc, so I'm wondering ...

Ideally my first deal would be a flip in the low 100k range.

The Lowes or Home Depot cabinets that come pre-built are better quality and don't cost that much more. 

I was hoping that the close was early enough in the season that the PM would be able to find renters before late fall or winter.

Commercial loans are generally 20 or 25 years amortization so the minimum payment may be almost as low as a 30 yr conventional mortgage if you factor in mortgage insurance (at least for the first 5 years).

I think the impact would come from the loans that were previously modified at ridiculously low 2-3 percentage interest.It's hard to compare apples-to-apples without knowing which kind of notes the fund you're referring to is investing in (or creating)

I know interest rates are as low as they've ever been so at least I have that going for me.

Ive done a deal for as low as 1,500 and as high as 30k.

Long term capital gains can be as low as 15%.  

ALL the homes were built in a factory.. transported there and erected in less than 5 days.they are factory built but not in the style we are thinking of a box mobile home towed down the road.Or like we have done in Oakland CA over the years.. predominantly low income areas were we provide a new house.. but stick built is not feasible so we drag in the manufactured homes.And trying to get a RE agent to lose his license is pretty tough.. unless you just are plain mean.