Last year we bought a property with three mobile homes on it and this year we just bought another property with 3 different lots but only one mobile home on it that we plan to fix up and put an additional two MH's on it.

We are contemplating on installing a new electric boxHere is what we are wanting to do.Add a hallway (will require moving a non load bearing wall.)Add a powder room about 3 feet from existing bathroom with medium grade finishingUpdate 2 small bathrooms with medium grade finishingAdd additional toilet in master bath and move plumbing for shower and existing toilet about 3 feet. 

For units, FHA is really good, but Freddie Mac's Home Possible is really good as well if you can come up with the additional 1.5% down. 

Looking for 4-6 unit, condo style, multi-family property.

In addition to what Ned said, I recommend walking the potential renter to their car and seeing what kind of condition it's in.

Not sure if 200k is in ballpark for remodel with second floor addition. 

And I haven't been creative enough in creating additional funding.If you're sure of your numbers and competency, and if you can create additional lanes of funding, I say go for it. 

Crowdfunding platforms run by a single sponsor (syndicator) as a way to raise additional capital for their dealsThe above can be divided into debt or equity.

I would have gladly paid the extra meter and impact fees to be provided an additional meter but that was not possible.

However, that comes with a bunch of additional rules and regulations.