Especially since I will be a buy and hold owner, does the age of these properties create an unnecessary risk?

The parks harbor lot's of complaints as eyesores to the communities and shifty people ( not all are bad but you get increases of instances with MHP's on average. ) The county and cities also have an incentive to tear the parks down and impose heavy regulations on them because the tax base is low.

As Wayne said, you need to make sure the stay was lifted in the bankruptcy and then you are free of any restrictions imposed by the bankruptcy (or bankruptcies- they may be trying to play games with multiple filings). 

Eliminate unnecessary expenses, get another job (maybe you have no time for that right now), whatever it takes to put extra cash into your bank account.

I would respond that our Patriot - Founding Fathers were compelled to a revolutionary war because their overseers imposed too many laws that impaired their ability to realize their desired liberty and pursuit of happiness. 

Should I pursue an MBA or MSRE or do most of the people find this to be an unnecessary expense.

Here are the numbers:Location: San Fernando Valley (Los Angeles)2bd/1ba - 850sq ftRemaining balance: 314,000Zillow estimate: 676,400Redfin estimate: 713,749Rent Zestimate (Zillow): 2771 (I feel this is a tad high for such a small house)Cons of the house:Old roof mounted package unit, that eventually will need replacing (made in 1999)Still need to repair 4 sides of fencing repaired/replacedDriveway needs a slurry job1 hour drive from my current house with no trafficLawn needs a redesign (more drought tolerant stuff) - It gets very hot in the valleyPros:Mortgage is only 1760 all inPotential ~900 net/moI already have it...If I did sell it, I would like to buy something closer to where I live, but I also don't want to get dinged with any unnecessary taxes either. 

How about the opportunity cost of all those wasted resources, the years spent learning what you could've learned in months, the money wasted on the mistakes made, and the frustrations and unnecessary roadblocks added on the road to your dreams and goals? 

I've used Stessa for a couple of years but I'm transitioning everything to QBO now due to my personal bank feeds constantly breaking in Stessa and causing a ton of unnecessary manual data entry.

Read up on the TCPA (Telephone Consumer Protection Act), which imposes fines ranging from $500 to $1,500 PER TEXT MESSAGE.