Can you please help me understand better what potential concerns in your experience can potentially arise here? 

He's the guy who shared my interested and connected us, he wouldn't recommend him as a seller if he had bad experiences with his other properties.I did ask about other properties and he shared about a duplex for $200k, but I wouldn't be able to afford the down payment needed.He acknowledged the rent is low compared to the market and never mentioned that it's his "best" property.1) Agree, but if he's been a good tenant is that necessarily a problem?

If anyone has any experience on either end of a transaction like this i would be interested in hearing from you.

I’d love to hear your thoughts, experiences, or advice on this approach.Thank you in advance for your insights! 

Ferd Niemann is a popular lawyer for MHP transactionsMake sure to take your due diligence very seriously and get professional help if you don't have experience here.

Sounds Like you have the operational experience to turn the place around and make it a winner. 

I have personally been the guy who hasn't pulled permits and got caught...by far one of the worst experiences of my investing career.

. - Inefficiency with payouts and administration will be compounded as the FAIR Plan has zero experience with a major pay out and lack infrastructure of assessors and technology to distribute the funds they don’t have.

I have lots of experience in all types of single-family investing, small partnerships in multifamily and commercial, and a vast knowledge of construction.

Ask how many units they manage and how much experience they have.