Owning a mobile home should not affect your ability to buy a LTR from a lending perspective IMO.

What comps in the area justify your rental price from a renter's perspective?

Have you looked at it from a Return on Equity perspective.

It's a lot about perspective and not getting greedy.

Hi Nancy, I do not, but I do learn fast and it should be similar to long term leases from accounting operations perspective at the end of the day

Huge shortage of housing, huge shift in migration/immigration. 

You will need debt to grow a real estate portfolio and using debt wisely will help you create more passive income.I know its a hurdle and a big mind shift at times, I experienced it my self when I was getting started. 

I'm probably going to shift away from Section 8 completely after reading everyones suggestions as I am not prepared to handle all of this on my first deal.

Anything above that defined balance is shifted to the savings account where I keep my reserves or money for future investments.You need two accounts: checking and savings.

But I want to give you a different perspective to look at a house hack rather than seeing a CoC return.