I even considered going with manufactured homes but with the guaranteed depreciation I’m so unsure. ????

At which time you can tell them "if you leave like you promised, then I will stop the eviction"Then the ball is in their court because after the notice to quit period is up you can start the legal proceedings whenever you wish.

If you have $600K they will actually give a line of credit of $3MM with a draw period of a year at a pretty good deal, I think pre-payment is allowed after five years. 

I will receive the appropriate fraction of the annual 18% interest on tax liens in District of Columbia for the period I hold the lien and get my surplus bid back.2.

My principle in this scenario would be $6K.Cumulative cash flow - Total cash flow for this time period (Total Income minus total expenses, including PITI)Debt paydown - Initial debt balance at purchase minus current debt balanceMarket appreciation - an increase in appraised value without extensive rehab. 

Does PennFed have any seasoning period for HELOC on investment properties?

They offer a money back guarantee for a limited time, say 3 months after purchasing there mentor ship program.

It's hit or miss, it really is a numbers game, you have to commit to doing it regularly for a long period of time, and not get discouraged when it seems that the only responses you're getting aren't really deals.But it can definitely pay off if you're willing to commit to that.

I was also informed that FNMA can accept no less than the listed price for the properties for a period of 6 months after they are listed because they guaranteed the reverse mortgage.  

today's cap rates aren't guaranteed to hold.