Monroe is a very cute little town full of great history with lots of old traditions still in play.  

Paul Paul,Sounds like you are dealing with a traditional conventional financing loan officer.

I've noticed some appealing deals through wholesalers, which requires cash/hard money only, which is why I'm keeping that as an option alongside exploring MLS listings with a traditional loan.

Or, should I try and find an investor that’s looking to by and hold for a flip?

Hello All,I currently just closed on my first BRRRR/rental property today and I'm trying to get everything situated as quickly as possible to get rehab under way (I don't want to hold a balance on my HELOC for very long!).

Another idea besides DSCR which is the obvious best overview option for you ( though will be more expensive then traditional financing ) is partnering up with someone with a solid W2 job who can get financing. 

Also, manufactured homes face stricter insurance rules, making traditional loans tricky.

And yes I’d have no problem tweaking my strategy and doing it as more of a buy and hold type thing.  

Factor in about 10% of the sale price to go towards closing costs (transfer taxes, commissions, attorney fee, etc) and miscellaneous expenses and you're at $625K so far - this is NOT including demolition costs, holding costs (taxes, utilities, insurance, management, etc), architectural drawings, surveys, building department filing fees, etc.That said, you may also want to consider the costs and potential benefits of adding sq ft. to the existing home and/or updating the home to potentially boost your sale price.All the best!

We were caught holding the bag on a few flips last year when rates went up which was not fun.