Rented at about $100 below market value to get a good selection pool.

I feel as though to only select one would lessen my chance of finding solid deals.

In order to successfully navigate this space you must be very selective about what you buy, where you buy it and what you pay for it.

Must also be a double wide or larger (for traditional financing).If its just to get a mobile on a property for personal use or rental - I woudl still suggest checking into new build.

AHI is one of the bigger property management companies in town that offer a wide range of services.One thing that I would consider before deciding on a property management company is finding a good agent in town and seeing their opinion on property managers. 

We're building an application where you select your geographic area of interest and what your investment criteria are (IRR/Cap rate/Cashflow, price, cash available) and new listings are screened in real time, you get an alert if properties meet your criteria complete with a full financial analysis.This would save you the hours of hunting and analysing potential properties, would you spend $100/mo on this service?

Weigh the risks compared to the benefits:Learn to avoid common, simple mistakes and the penalties to which they can lead, some of which can be severe.Learn to protect your possessions and assets from lawsuits and liabilities.Learn to select the investing strategy appropriate to a property - even if the only appropriate strategy is to move on to the next property - rather than limiting your property choices to those suitable for the strategy(-ies) you know.Learn how to make your real estate investing a business which runs without you, even when you're sick or taking a well-earned vacation.Learn to make your real estate business profitable and how to keep more of your earnings rather than lose them to taxes thru missed deductions and other financial missteps.Learn how to turn your real estate business into an inheritable legacy for your loved ones.Real Estate Investing Education isn't just about doing deals.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

You will get a wide range of answers because labor and material costs are very local.

Many of the lenders we work with nation-wide won't lend to a borrower who is not within a certain radius of the property - no matter the numbers.