Certain properties are located in what insurance companies deem as high risk areas like flooding and fire. 

My brokerage hasn’t made it a requirement yet but has highly recommended it and the experienced agents are mostly doing it, especially the females.

If I wanted to do high stakes gambling I would go to Vegas and get free drinks not pay so gurus to blow smoke.

For years we had a local chattel lender who took on higher risk loans for those without the large down, not super high credit, and on older homes.

Is the rent high enough to justify someone else investing in it?

PadSplit / co-living are just now becoming popular around this area but the problem is determining the rents so I can perform my underwriting accurately.

There is a shortage of inventory...in both the real estate market and the rental market and we see SFH's perform very well. 

I would highly recommend being as up front with any lender you work with and to find a broker/lender/lawyer team that is all on the same page from the beginning and are familiar with these types of transactions.

(granted, the land was 50% of that... but the investor walked away with a nice 6 figure profit and never had to pick up a single hammer)As a reference, I made my living as an RVP/General Manager for one of the largest Manufactured and Modular home companies in Florida and specialized in both high end modulars as well as "Mobile Home Park" turn-arounds.

.- highly appreciated!