And you get the residential financing...I would guess that put them together to avoid single family conflict and meet a demand for housing (keep in mind that street could have 120 units (30 x 4= 120 units, with 2-3 per unit, you house alot of people and don't need the large commercial project, and all the financing, parking, and infrastructure that goes with it)....On the bright side, think about some of the rinse and repeat strategies to buy one, build equity and buy another..

Long-term I'm interested in developing a mobile home park and then keeping the homes in a buy and hold model.  

I think right now the texture of even that is tough, unless you have a private person that really just wants to park money. 

I live about 15min away from Glacier National Park so my short term rental does amazing.

Two parking spots, one covered in front of condo and one uncovered not in front. 

Neighborhoods such as Ozone Park, Richmond Hill, etc. are good starting points. (2) I'd say the sweet spot is 2-3 units, to limit your net outgoing < $3.5k.

It is in a great location with walking trails to the falls and other state parks.

As an aside - this wasn't a walk in the park for me.

Also think about where they are going to park.

Check out the suburbs of Detroit for some of the best price/rent/location ratios in the nation.FIRE Realty Team could show you around.Warren, Redford, Harper Woods, Taylor, Lincoln Park etc..Buy: $60-$120kRent: $1000-$1600Location: B- and C+