If you're looking for rental ready / Financeable properties on the market they're not really going to "work" for most investors operating on formulas. 

@Kyle Godbout for some reason the pic went load.

Understand that the biggest thing that I tell people about BRRRR is the need to have some kind of liquidity for operating reserves.

You should have no problem finding 1% in all the midwest states where Turnkey companies are operating.

Also, don't forget, on a buy and hold I am also getting a return on the principle pay-down (which my tenant is paying), and will be able to claim a tax deduction for the net operating loss from the depreciation.

That being said, there are several other niche factors in operations and valuation for multifamily vs MHP, but MHP have less supply in solid markets which is makes the ability to scale much more difficult. 

I don't operate with even a hint of impropriety.

Reason is, for small operations, you'll need a personal guaranty anyway.Just beware of small business owners living and sleeping at your office condo, especially small one person businesses.

I also know a handful of small operators that do well, 1-3 deals per month, but it took them a bit to get there. 

BP,Very interested in investing in MHP space, listened to all the podcasts, etc but don’t have the confidence to make the jump to making an offer unless I can partner with an experienced operator.