In Florida, the actual Mobile Home is titled like a car, so you can "re-possess" the home without going through foreclosure. 

Very little overhead (only car insurance) combined with a decent income have prompted me to be wiser with my capital, as I know this transient lifestyle has an expiration date, and when that time comes I would like to have some steady income to show for it.Because I’m not able to be present in a regional market for months at a time, and I will be a relatively absentee investor, I am looking for properties to buy-and-hold.

The BP podcasts and advice are amazing (I'm basically addicted at this point, no more radio in the car for me :) )Please anyone feel free to give advice and pitfalls to avoid I'm really hoping for a strong start!

Think of your primary residence the way you would like a good car or a nice bottle of wine.

I have heard some mixed reports from my bankers this week an wanted to know if BP could shed some light We are wanting to buy a 79 single wide mobile home with a lot and a nice 2 car garage. 

One is a vacant property, and as I got out of my car to check it out, I noticed a woman walking her dog, and I struck up conversation asking about the property.

From what I've seen out there, on average it's a bit higher priced, but not by much. you can Google "CAR real estate chicago" to get more info.

I don't plan on owning a car and already live very frugally/boring.

The income you earn is treated the same as a car dealer's income.

Property details:1600 sqft, 3 beds, 2 baths, 2 car garage, 1974 built, corner lot.