I would pursue this option if ARV comps nearby justify the cost to renovate. 

Here is a blurb about manufactured homes:AppraisalsAppraisals of manufactured homes must contain at least two comparable sales that are also manufactured homes.This is often one of the most difficult requirements because manufactured-home-comps are few and far between in many areas – frequently making such homes very difficult if not nearly impossible to appraise.In our experience, manufactured homes tend to appraise for far less than standard homes because the appraisals are so difficult, because financing is more difficult to obtain, and because of a stigma that seems to be attached to manufactured homes (justified or not).As an investor I would stay away from manufactured homes unless you are planning to buy in cash and hold long term.

Be sure you have comps that can justify your valuation.My protege recently sold a house with ADU.  

Usually, there's a small rate adjustment of .250, so under 200k loan amounts there's not enough payment savings to justify this difference in rate.And for all those who wanna bash and refuse to consider the I/O mortgages I ask this question:  if you're so worried about the interest rate, when is the last time you made extra principle reduction payments on your car notes, which for most, unlike Mortgage Interest, car note interest is Non-Tax Deducible?  

The dollar value of the crime doesn't justify any police action.

Fees should be clearly stated in writing, easy to understand, and justifiable.

Account Closed,I'm always amazed at how far people will go to justify their mistakes.

Fees should be clearly stated in writing, easy to understand, and justifiable.

If you decide to renovate, the town will have an inspector come in and determine if you rents are justifiable or not.

This way the cashflow as an STR can be used in negotiations to justify value.