.: REI nation is a reputed turnkey provider but they just sent me pictures of the property and asked me to choose.

Thanks, REI Nation!

Quote from @Chris Lin: BackgroundI started my journey with REI Nation (formerly Memphis Invest) in 2019.

Not enough income for lenders compared to what else is out there for themThe biggest thing is the lot but other factors like the actual manufactured unit being quality and up to code helps a lot. 

Our focus is on mid market 50-100 unit's but happy to help.

Bureau of Labor Statistics (BLS) confirms Texas added the most jobs in the nation from December 2023 to December 2024 with a gain of 284,200 nonfarm jobs, significantly ahead of all other states.

Cleveland currently has one of the lowest price/rent ratios in the Nation, with the average home price being $107k and the average rent being $1,416/Mo.

Does anyone have any experience regarding Multi Family Wealth Nation's course, resources, or meet-ups?

So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Limited (aka Streamline) 203k loan, as it's less complex, not required to get an FHA consultant, etc.Of course, this is based of the two following important assumptions:1)  zoning allows for this2)  and obviously I owner occupy for at least 12 months3)  the total purchase price + renovations are within the FHA loan limits specific to my areaWhat I'm confused about is the timeline or chronological order of the process? 

It seems as though your friend is ~700/month behind on rents per unit.