This is critical in determining how much to pay for the property.

This would be critical if you needed to rely on the cash flow. 

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.

The minor nuances to some, are critical to others.

Thanks.My main struggle with the refinancing solution is that the current cash flow serves a critical purpose - to fund monthly expenses while starting full-time flipping/rehabbing.

I certainly don’t need to be criticized or feel like I need to justify my schooling, career or lifestyle choices.

You can figure out with them what you pay them but doing due diligence and having a trust worthy realtor is absolutely critical to protect your investment.

Even then I've really only been in contact with maybe 2-3 over that time, and never anything really critical.  

In a neighborhood like North Park, however, focusing on aesthetics/trendiness and minimizing the “cheap” feeling commonly associated with manufactured homes will be critical to your success.With that in mind, I would think this strategy would be better suited for more blue collar neighborhoods/markets where housing affordability is paramount to renters’ decisions, but I don’t know enough about the quality/price of available manufactured units to say that definitively.

Having the right people is critical to success.