If you don't have the cash or appetite for that then make it a 3 bedroom in the short term.

I don't want them in my portfolio so, if I can divest them to an investor with an appetite for them, I'll discount them to make them attractive to a buyer.

Hopefully your lender will make the above mentioned underwriting seamless and timely but keep in mind that every Bank and or lender may have a different risk appetite or comfort level with any given situation.Best of luck!

I think it all comes down to personal preference and appetite.

Financing of any kind is going to be a challenge since lenders have a very limited appetite for unique properties and MHs in particular.

Your bank even if they do not have the loan yet might finance it if you have a bunch of deposits with them already.You would need to put together a little package on the property and bring around to local to regional banks and credit unions to see their appetite for it.

But that's wrapped around my personal preference, others may disagree and have more of an appetite for those properties.

I already have full POA, but after talking with our Title Agent after our most recent closing, using my POA in this situation might be viewed as self-serving and lead to issues or delays with refinancing, depending on lenders' attention to detail and/or appetite for such a situation.I'm looking for a way to stay with a R&T refi and not cause heartburn for lenders. 

I have two properties in Toronto (one being my principal residence) and the cap suppression is making Toronto way to expensive if you are trying to cashflow.  

When things go bad....recession, market collapse, bubble burst etc, all of a sudden, a bank's lending appetite will change.