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)

Connecting with these individuals is a really good place to start in multifamily investing.

A couple of things you need to be sure of:1.Are there any local regs on the books in this town regarding limits to unrelated individuals in a house. 

hey guys just created my account I've heard good things about this site looking forward to growing and networking with all of you guys !!

Create income through rent.

Not being educated is the individual's fault.

To the best of my knowledge (if I'm wrong here please correct me, someone), since the HUD manufactured home framework came out in the late 70s, multi unit manufactured homes have never been financeable with fannie/freddie/fha money, meaning no one ever made them, and probably no city ever allowed these types of modifications because they would create potential blights, meaning there's about a zero percent chance that any of the stuff making that thing a multi-unit has permits, is remotely close to being up to code, etc.

Welcome @Nicholas Norris,This website is full of resources and very knowledgeable individuals that are always willing to help.

I would suggest spending the few hundred dollars to test it from the get go just to make sure you don't find out too late and have done damage to it creating a "spill" which is a lot more money. 

I will provide the marketing, screening leads, and creating the systems to follow up on the leads over time.