.- Downcycle Outperformance: MHC is the least sensitive property type to negative changes in GDP - the average stay in in MHC is 13 years, unheard of in residential real estate - resulting in stable predicatble cash flow with an ability to consistently, yet responsible increase rents.Lastly, a quick glance at some MHC investors and proponents:Warren Buffett is a significant investor in the MHC space, favoring the sector for its stable, predictable cash flow.

Could I hypothetically take a whole rundown neighboorhood and turn it into a highly desirable place to live, I'm talking taking a neighbourhood that homes are in the low 100's (I'm in VA beach so its almost unheard of to find a home under 140,000) and bringing it up to a high middle-class neighboorhood where homes are selling at a low of 250.

Regardless you need to determine along with whoever you are borrowing from what you want to do, loans are the most common but partnerships are not unheard of, however if you are raising small amounts from a lot of people you may need to talk to a lawyer to make sure you are following SEC rules.

It's not unheard of for a principal to be over confident in their team and not be really paying attention like they used to.

You are asking a lender to fund 100% ltv in 2nd position which is unheard of unless they are getting compensated with very high interest and fees for taking the risk, which defeats the purpose since you said the reason for trying this was to get a lower existing rate.

Even when buying through an LLC, I work with at least one lender that offers 20 and 30 year fixed terms, so it's not unheard of, just not as common.

Predicting the future is impossible 5 years ago Grey in the kitchen was unheard of, Now everyone does it.In 4-5 years my bet is on yellow, but it could well be Neon Pink and Green 

think back to the 80s and 90s when a mortgage for 10% was not unheard of and why would anyone buy a rental with a 9% cap rate. 

With the $53K downpayment we were willing to drop, a 30 year fixed mortgage, and typical rents in the area, the property would generate a positive cashflow of about $500 a month (about 11% ROI - unheard of for San Diego)!

$67k even for a totally rehab'd house seems unheard of and I'm in a very low cost of living area.