This process is a safe-guard to insure that the deal in question is a win/win.

I'm mainly curious as to what safe-guards are in place to prevent landlords from under-reporting, or tenants from over-reporting, because this seems like it would be an easy spot to rack up itemized deductions (if one were inclined to do so).

@Craig Jennings,Knowledge is key to enduring success.As a safeguard, I would recommend you first develop a history of experience in the various segments of manufactured homes.

I'm pretty sure I'm about to evict a tenant....What can I do to safeguard any potential theft/vandalism in between the time I notify the tenant I'm going to evict them and when the sheriff shows up (maybe 1 week)....

If you are the administrator you are charged with safe guarding the estate and can lock up the apartment.

Improving your business begins with compliance to law but policy is an extension of best practices, policies are developed to safeguard against risks assumed in any business. 

Currently, under Dodd-Frank Act, you are limited to two seller financing transactions per year.Additionally, HR 1360 would require the Treasury Department to study the LVH (Low-Value Housing) market over the next three years and report back to Congress with suggestions for steps to improve the sales and financing of these homes.HR 1360 does not remove any of the safeguards related to these transactions.

Just as a safeguard.  

UPDATE: Jay hooked me up with Safeguard Capital Partners, they offered to refinance both of my properties at 9% (interest only) on a 5 year balloon payment.

I do a lot of these and you definitely need to put in some safeguards.