I did get into two separate HUD repo townhomes, Summer of 1990 and Fall of 1994.

@Anthony Thompson I believe this question falls in to your realm of expertise.

Please don't fall for the fluff and paper dreams.

@Patrick Philip Just to clarify, most mobile home parks in Florida fall under chapter 723 mobile home communities of the Florida statues, which has some different requirements for leases.

I'm not the type to use that as an excuse to not pay my bills, but please don't try to make it out like banks are some innocent victims that wouldn't dare put their burdens on others when things don't work out.Back on topic though, while I am willing to look at all possibilities, I really don't think my property manager is the issue.

Interest rates have been falling since the 1980s, and so this generally has not been an issue.

Will investors take the long view and suffer less cash flow for a few years expecting to refi at lower rates or will cap rates increase 20%, 1- 1.5% and building prices fall 20%? 

credit repair generally does nto work for these folks they just fall right back into the same bad habits.that's why in your area given the demographics and the average fico scores 55% rent because they simply will never get it together financinally to own.. plus many just don't want to own.. because the homes really don't appreciate all that much to at all in many markets in Memphisthe values are all backed into by the gross rent and what a landlord will pay for a certain cash flow and risk.. you probably see values peak when rents hit the 1% rule.

This falls outside my area of expertise.

However, we did our homework, had a structural evaluation done to make sure the thing wasn't going to fall down.