I had a unit completely replaced 2 yrs ago for about $4k. 

Offer: $75k, 20% down ($15K), $60K balance seller financed at 5%, 10 yrs. ($636/mo)I would like to increase lot rent by $20/mo but have to find comps for the area to compare to. 

@Mike B. combination of living on the city for over a decade (10 yrs ago it was a much different area) and distance to the city/lake. 

I have 2 yrs combined experience working for others too.

I looked at "stabilizing" approach tosuch properties that have <5 yrs left and renewing the lease.

(3&2 yrs) ( Also recently a full time stay at home mom) But my husband and I are currently living with MY IN LAWS.

But the time to start investing is always 10 yrs earlier.

There is a lot there and I would prefer others go into more detail.The main thing for your safety is to get enough cash down that if everything went south you have money for foreclosure, and possibly some repairs and taxes etc.I would not go 30 yrs under any circumstance.

I'm not really looking for cash flow, more a way to get started in a stable neighborhood, possibly capture some appreciation over 5+ yrs but i'm not counting on that.

I actually have taught middle school for 4 yrs(and was good at it) and I know that there are no new systems or programs but there but, are still those who are uninformed as to the basics of investing.