He’s rolling the dice, city inspectors usually don’t go looking for things like that unless someone is squealing.  

I put three prong outlets in and tested them but the failed.

Off the cuff, FHA can be difficult with appraisals, sellers willingness, self-sufficiency test, life time PMI, & FHA premium.

I haven't been able to see the interiors yet but the plan would be to squeeze a second bedroom in both of the 1/1 units making them a 2/1 and eventually give all three a face lift and hold for long term rentals with the end goal being to sell and roll profits into a bigger/ better deal. 

I feel like I usually know the answer but need a sounding board like BiggerPockets to test my thoughts out!

The most important first steps are reviewing the lease documents and rent rolls.

I am currently considering a deal on a very small park as a way to test if MHP's are going to be for me or not.

Some lenders can offer buy downs and even roll that cost into the loan. 8.

If you don't think the government should be meddling in the housing/real estate market in the first place, then you should be against those tax breaks existing in the first place, and rolling them back in any capacity would be a step in the right direction.

Based on only the facts and circumstances listed above and if it meets the 2 out of 5 year test, it will be considered under the $250,000 income threshold and non-taxable.