More strategic questions about whether this property will enjoy some momentum or if there's a serious issue to address.Albany ( pronounced Awwwl binee) -  It's a good sized town but the economy isn't terribly diversified.  

The lender will factor the experience level and the size of the project into the equation.

However the large management co. would also have placed staff onsite due to the size of the property.

It is a decent size city (60K+ people) plus it is close to the mountains. 

NoOhio Revised Code4735.01 Real estate broker definitions.As used in this chapter:(A) "Real estate broker" includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to a power of attorney or otherwise, and who for a fee, commission, or other valuable consideration, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration does any of the following:(1) Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate;(2) Offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate;(3) Lists, or offers, attempts, or agrees to list, or auctions, or offers, attempts, or agrees to auction, any real estate;(4) Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate;(5) Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretaker, or janitor, any building or portions of buildings to the public as tenants;(6) Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate;(7) Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate;(8) Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners;(9) Collects rental information for purposes of referring prospective tenants to rental units or locations of such units and charges the prospective tenants a fee.

this is off there websitehttps://www.fanniemae.com/content/guide/selling/b3/3.1/08.htmlPartial or No Rental History on Tax ReturnsIn order for the lender to determine qualifying rental income, the lender must determine whether or not the rental property was in service for the entire tax year or only a portion of the year.

Ryan,I'm also in San Diego and I've found that investing for cash flow can be difficult in San Diego County if you don't have a substantial equity portion in the property.  

I have already done my "homework" at this point and have targeted a parcel size and county and know that I am going to pay x amount per acre.

-15 Mobile homes all on individual lots and fully rented- Sewer/Water by the city and metered to the tenant- Rent for $450 each- Average lots in the area rent for $175 and homes this size $475- All 15 homes are located on the same road next to one another- 2.3 miles to walmart and city population of 61kQuestion:  Since these aren't in a "park" would you still value them the same way?

It is very risky to put a considerable portion of your/your investor's net worth in a single (or small amount) of properties.There are some markets where I can own the neighborhood for the price of a building in NYC.