I mostly look in the university areas for these types of properties, but I keep finding deals on the outskirts of town and I'm a little leary that I may have trouble filling these units! 

The area looks great now, since Hurricane Sandy leveled the town and luxury multi-families were built in their place.

I am talking about towns that have between 8,000-15,000 people.

I have run across some properties like this where it is in an area of town that is sort or rural pockets next to standard neighborhoods and had no luck finding any comps. 

The only ways I would buy out of town is to buy a minimum of 30 units in an apartment complex so you can have enough money to hire a property management company that will take care of the daily stuff. 

Luckily we bought under our MOA and built in high prices purposefully on our Rehab Budget to buy safe.

The home was built in 1912 & I put in $250k into that one... new plumbing , electrical, foundation water proofing , new roof , etc...

If you're unfamiliar with the areas, and simply want a dependable cashflow, I recommend going with something low risk like a condo or townhouse, built within the last 20 years.

Evening BP Family, Will the infrastructure from a mobile home park (water and electrical) typically be the same quality if I want to convert the park to a single family neighborhood and built?

I ran into this situation once also. turned out the house I was trying to find was built on the same lot as another house. the owner owned a large lot and built a second house on it and somehow the county wasnt tracking the second home!