You didn't say whether you were attempting this on a mobile platform or not.

All, especially housing, are at a premium here.Spare rooms - $600-1,000/mo.Single wide mobiles $800-1200/bed room/mo. (3 beds=$3,000)Small cabins (1 bedroom-12x24') $1,250-2000/mo.28' travel trailer (no slide out) $1,200-1,700/moRV lots $500-800/mo.This was mostly an agriculture and tourism area so the roads are taking a beating.

Look at emerging market cities on the coast: Mobile, Savannah, the triangle area in N.C.

Every modern mortgage has a Due on Sale clause, which in the even that ownership changes hands gives the lender right to accelerate re-payment of the outstanding balance in full.

I own 2 mobile homes on 2 acres of land in a pretty good location.

The close procedure is similar when the mobile home is attached to private land.

Hey Randy King I was looking to go to Mobile later this year...This is essentially the same as a wholesale deal, in the sense that there will be a double close.

However, if you're open to investing outside the city, especially in mobile homes or other lower priced areas, you can get a start there as well.

Duplex (2 on a lot) 3/1 House built in 1900 with large kitchen, finished basementBack unit built 1998, modern 1/1 open floor plan with radiant heat, heated 2 car shop/garageAsking price: $299kOffer of $225k max, owner carry with $15-18k down, 3-4 year carry amortized over 30, refi into conventional.Potential rents: $2300 mo (ballpark low market): 1400/900.

Austin, DWF, Houston, Memphis, Mobile, Al, I'd say the sun belt.