There's too much risk to ignore potential red flags.

Potential Sale price per our realtor: $469k-$489k.

This is not located in the immediate appreciation area but it has the potential to appreciate in the longer run. 

@Kristoffer Tier looking into this method to potentially buy my family and I our first home.

Most common treatment is to treat it like a business =self employment income and then take a huge loss against your ordinary income

For a reputable builder, ask for recommendations from friends, check online reviews, and visit recently built properties in your area for ideas and potential contacts.

I think doing background/credit check yourself is of course the best way to try and vet potential renters 

But maybe for the 1st rental that might be the wisest option.As a realtor, do you see any good potential starter options?

Increased Institutional Investment: Large investment firms and private equity groups are recognizing the potential of mobile home parks as a stable asset class, driving up purchase prices.

I would generally say if more than 10% of your potential investors are going to be asking about it, it should be in the offering memo.That being said, I have seen one page word documents used to raise over $10mm and I have seen 40 page, full color with professional photos, etc.