The increase competitiveness would cause you to have to update your units.

Assuming your buying in the Chicago area there is likely to be plenty of options for private money with competitive rates.

Find out what you are passionate about, become a world class expert at it, and outwork your competition to get the life you want.Don't expect extraordinary results from average motivation.

The problem for anything right now is also the competition.

But from what I see with my clients there is not as much competition between out of state investors and locals as I thought originally.

Coming Soon: Ranking tracking tool, competitive analysis, backlink checker, etc. 

Currently, fha monthly mortgage insurance or MMI does not go away till a min of it being paid for 11 years or longer (if you put down 10% or more or have 10% of equity or more at the time of purchase or refinance since people can refi into fha as well as use fha to purchase.Since only a tiny fraction of borrowers who use fha put down 10% or more their monthly MI will go on for the life of the loan or till they pay it off or refinance out of fha.On conventional financing the monthly MI can also be automatically removed when you pay down the loan to 78% of your purchase price.

I had in-laws for quite some time that were not only  discouraging, but were actually competitive and toxic.  

I assume the cost to put a roof on a mobile home is a fraction of a SFH, right?

as far as management the locals charge $80-150 on SF homes. perhaps homes are priced higher in the area but management isn't harder plus a lot of competition. . . ?