The ideal cap rate is around 8.

It's also in an ideal location, safe building and highly desirable.

My ideal price point would be 180k.

I can do upto 30% down, although 20% is ideal.

Identify your Ideal Mobile Home Park and location (type of park spaces, age of homes, city water, city sewer, 70% or more occupied, cities with high population, etc..)2.) get list and enter into excel.3.) find owners info, address, phone#, etc.. 4.) contact thru mailings, cold calling, etc..5.)

Sounds to me like it isn't an ideal rental I would sell it tax free (since you have lived in it for 2 out of last 5 years) and then use the proceeds to buy a value add house hack and fix it up over the course of living there with that extra money you made. 

That is a good question and there will probably be different answers because the ideal cure is pretty expensive. 

Remember, you just can't deduct the interest in a year you pay it if your flip starts in one year(2018) and finishes in the next year(2019).

They remember the 70s and 80s with rates in the teens and the S&L crisis. 

@John Merritt   Remember transferring property involves to things: transferring the deed which transfers ownership of the actual property and the security instrument (mortgage, security deed or deed of trust) which shows who is on the hook for the $$ borrowed.