During this same period of time unemployment shot up to 8% when prior to that it had consistently ran at 2%.  

It could a decent rental but I need more info.

I want to start analyzing several deals a day so that I can start getting used to the numbers and be able to see what looks like a decent deal right off.

I would go out and drive through a decent mobile home park -- one that is owned by an operator that cares.

You'll either need to pay an offsite manager a decent salary or have a resident manager in each park.

It may be a long shot, but you may have some luck by reaching out to any owners of properties that you can find that are "the same" layout as the property you are mentioning.

It is a decent indicator of whether or not you are actually able to get the property for the price you want though I would put no value on it when making sense of a deal.FHA loans generally, maybe always, require the borrower to live in the property.

If I lived in the mother-in-law suite and rented out the other two bedrooms in this home, it seems as though that would definitely cover the mortgage, given the decent location, and then after I move out in a year, cash flow could be around or over $1,000.

I will def. hit you up for more info once I'm starting to give it a shot! 

I've had employees work for me remotely, hourly, so it wouldn't bother me - but there has to be a pretty decent framework in place or a good system of accountability for you to be sure you're getting what you're paying for.