Realistically there are other factors which influence this (like interest rates, which obviously cannot go any lower).

@Mitchell Mahnken - I do not own any mobile homes but I’ve learned some things about them through my RE readings and BP podcasts.Because they do not appreciate in value like a traditional home (they actually decrease in value) you would need to factor that into your math.When considering your exit strategy, how much would this sell for after 10 years, 20 years?

Certainly, it is crucial to know the market you are investing in; and one of the most important factors to analyze in a market is the population.This being said, you should only be investing in a market where the population is rising steadily.

Even if you get the credit scores up she may still need to work on those other factors even recent late payments. 

Once you factor all of these in, my guess is your NOI and profit on resale come down a bit, but still sounds like it could be a promising investment. 

When you factor in the savings on these fees alone, the net extra a homeowner is paying, at least us, is probably more like 14 to 17 percent. 

You also need to factor in the cost. 

All of these factors will pay off disproportionately over time compared to what it took to get them and is worth the time.

But there's other factors behind the scenes going on.

@Marc Rice Hello Marc, for leasing fees how should I factor that into my analysis?