highlight_post=4448428&page=1#p4448428As somebody who may end up on the tenant side of this question in next year (I’ve been in the same apartment for ~13 years and the base rent has been the same for the last 9 or 10), I’d argue/request you spread it out over 2 or 3 years, maybe more. 

The 30 year would be superior since the loan is fixed and spread out further - you reduce your risk (because rate is fixed) and you cash flow better (since loan payment is spread out over a longer period making the payment lower).

You get WAY more deals if you get ALL the deals in your own local market... and the local leads convert easier.So you need to compare spreading yourself thin in many markets, vs. be everywhere in your local market hot and heavy.So is expanding then a bad thing?

In my area the cost spread from traditional stick built to modular has closed quite a bit. 

Best to get an estimated cost of repairs and or replacement and spread the cost out over the life of the hold period.Vacancy will depend on the location, tenant mix and market but a safe factor for a smaller property like this would be 20%.

Personally, I would extract the equity out and invest in another deal for added diversification and to spread out risk.

Houses are pretty far spread apart too.

also obviously your numbers need to be dialed in. 50-70k is a big spread for a 100k house and a 10-20k rehab.

The numbers have been working for a number of years however, the spreads have been compressing and as such, the profits have been more slim than in years past.It is all about the numbers.

The important point is to concentrate on one thing at a time and not to spread yourself too thin.