Build a strong team, prioritize cash flow, and take the time to understand the local market and regulations, especially for development projects.

BUT know your jurisdiction's regulation on screening.

There are far too many regulations, the transaction is a much longer process, and we are talking about someone's biggest purchase.

The value add was recognizing what the current regulations could allow the land to be used for (basically recognizing current land use did not optimize the value).Good luck

Otherwise, if it was investor owned (not owner occupied) and under rent regulations before you purchased it those rules would still apply.

I just can't stand of regulations those are not possible to be monitored and just being there because of lobbyists.

Be sure to understand the financing options out there for mobile home buyers and if you opt to carry the contracts on the homes you sell you should do some research on Dodd-Frank regulations. 

SignaturesThis Agreement is binding upon the parties and their successors.Contractor Signature:[Printed Name] [Date]Subcontractor Signature:[Printed Name] [Date]AttachmentsScope of Work document.Project drawings/plans.Proof of insurance and licenses.Payment schedule.Note: This template is for informational purposes only and should be reviewed by a legal professional to ensure compliance with local laws and regulations.

Best bet is to carefully analyze the zoning maps and regulations or just call the town and ask.

How is this a positive environment for real estate investment?