@Clyde Wellman, It isn't just the holding costs to compare to.

After all 80% of this violence is perpetrated on the Black community in a City that has Hardly any black population by % compared to any other large city in the entire US..  

I've been working with Quicken Loans and was told that there's a strict regulation for refinancing investment properties now compared to even a few months ago and not that many lenders are refinancing investment properties now.

Based on available comparable properties (unfortunately most are new constructions so not much history), the property isn't on the cheaper side, it seems at par with others (maybe on the higher end wrt $/sqft etc), So really it comes down to asset appreciation.

Its a variable rate at 2.75 is what she told me compared to the 4.6% on my current fixed rate mortgage

Compared to long-term rentals, short-term are much more hands-on, but much more lucrative at the same time.

Personally, I do not believe all the concerns about a bubble, and comparing today's market to 2008.

How does that compare with your estimated loan payment, property taxes, insurance, utilities, etc. 

From there, it's best to look at comps for comparable mobile home properties that have sold in the last 6 months.

Give them the address of the subject property and compare their rates and what is covered.