A lot of people make it seem like this:1) see obnoxiously grassy lawn2) knock on door3) see a visually distressed owner4) ask if they want to sell their home5) they say yes6) get them to sign a contract for me to acquire their home for 30% off the value7) pitch to buyers8) sign contract to buyer.9) send docs to title company10) receive cheque...and BALL OUT/ReInvest lolI feel like this is partly true but maybe missing a step or two.

I am meeting my employers onctribution max in my 401k since that is basically a 100% ROI right from the start.

Also, I have found it to be very beneficial to get a home inspection after rehab and before listing so you know what to anticipate from a buyer's home inspection after you receive an offer. 

Show we just save up a down payment once we clear our debt and go the FHA first time home buyer route ?

I have many questions about this process but want to start with some pretty basic info, I am currently reading the book on rental property investing by Brandon Turner and its opening my eyes to a lot of sides to this process I was unaware of before. 1. 

As for the PM issue as long as you screen really well and pay attention to basic maintenance 10-20 will be easier than your current 3x3 buildings provided you do not pick a dog for the 10-20!

If you are "broke" as you say and can't afford top dollar, he will just move onto another investor or better yet a retail buyer who is looking to live there.

You would basically need to remove the veneer and install the house wrap then re-brick.   

Are there any other types of buyer due diligence that you do on MH that you wouldn't typically do for a stick built home?

Potential risks - incomplete foreclosure.Yes you can buy a property at the tax sale in Jackson County - but to sell it be prepared to find a buyer that will take defective title as that is the only way most title companies will close - some sort of CYA document stating it was acquired via tax sale and might not be 100% clean.