I started out with a simple VA home loan as well.

This property is well maintained and provides easy access and great visibility (Interstate 81 VPD 32,000, Maple St VPD 8200).

Previously, I dedicated many years to selling custom and semi-custom residential properties for a highly respected and well-known builder in Atlanta.

In the SFH arena inventory build-up is massive from over a year of the real estate market being stagnant, and there is hidden inventory as well from developers who took their properties off the market and are just waiting until things turn around.

The winning bidder outbid him by more than $1M and well above broker whisper numbers.

Ehhh my own fault.I'm deep on regional banks.I believe they are the back bone of American small business and all seem very well positioned.After reviewing many P&L's and balance sheets, I see lot's of value but time will tell.I'll either be a hero or a zero with this high risk investment.Wishing you much success and keep the dream alive 

Been doing my due diligence to find some homes in the Raleigh area that are pre-foreclosured on as well as foreclosed.

Anything over 30 days is considered a long term rental, so you will need a lease, do background checks like you would with a LTR.You could do well with that strategy. 

That would be great to find. just run over to Jackson mS you can find some there as well !! 

So during that time period: the price of used cars, SFHs, land, groceries, wood, insurance, the stock market etc etc all went up as well How do you know this is mobile homes specifically and not the land/location?