Then over time I'd like to build enough capital to start buying and hold, I'm especially interested in buying and holding a mobile home park or two in the future. 

Maintain a relationship with them. read up on mobile home parks to try and learn if this one has potential.

Within a mile radius, you can find homes ranging from 100K mobile homes up to 1 million.

Now a state of emergency has been declared , national guard is being mobilized .

One thing I guess I didn't mention, for those of you who are concerned about me doing this myself...I worked for a collection agency for 3 years and, due to special collection laws in Colorado for consumer collections, certain employees could represent the firm in court.  

We had to do it once to get title to a mobile home left on a lot.I don't remember the details but the DMV could walk you through the process.Or you could have it towed if you just want to get rid of it...

I think the logistics of this "fancy mobile home" doesn't work for apartment buildings, at least not right now.  

As a result based on your response, I do not think it would fit under this criteria and be treated as a regular FHA loan with 85% LTV and 1.17 DSC.On the other hand, for agency (Fannie and Freddie) deals, if the rents are what they consider affordable for the area that business counts as "uncapped" and typically has better terms even without LURA and other restrictions. 

This started out with a sign for a vacant lot for sale that use to have a mobile home on it.A lady by the name of Ashley called showing a ton of interest, but we couldn't come to an agreement on price.A few days later she told me she was no longer interested because she was going to sell the mobile home she planned to move onto the lot.Of course I replied asking for more about the mobile home she now needed to sell.We discussed it and I set an appointment for the next morning to see it.Everything was as she explained over the phone.I told I'd have an answer for her within 3 hours because I needed to go to a closing on a property.Before/after my closing I spoke with the park manager and the man she purchased the mobile home from.

I closed while out of state, mobile notary came by my house while i was chillin on the patio in my sorts.