I have been looking into mobile home investing but ran into a (what I think to be a sweet deal). 

it's not possible right now to push Internet button and make sweet cash flow, even in the midwest.

I can share a snapshot of the breakdown, if someone wants to see the makeup of my portfolio.Couple hundred bucks a door cash flow, double digit ROI, and yes the prices appreciate and you build equity.Afters lots of research and experience, we've nailed down the primary makeup of the highest ROI/cash flow potential combined with the highest probability to succeed:Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $250-$350/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-15% (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.

Multi Family 20 unit up. 200 sweet spot.

Sweet.

As a RE Broker the comps I have run show the buyout price makes this is a sweet deal.

I have a lovely wife, one sweet baby boy, and one more on the way.

Would recommend checking out some of the outskirts of ATX wine tour destinations such as Dripping Springs and Fredericksburg.

That might be a reasonable option if you have some solid contacts - and, of course, if the deal is sweet enough!

Life is sweet and the lesson learned was that some tenants simply aren't worth the hassle.