Comes with the territory of being a litigation/trial attorney for almost 40 years.

Ended up getting an offer at asking, but the appraisal came in way lower than I expected.

I am interested in potentially buying a trailer park as the investment is in the land and the tenants rent the lot, bringing their own asset (mobile home) to the location and typically, they stay for the long term. any invoice for a new real estate investor trying to get into this business?

Here’s a clear and practical response:Hi Noemi,Congrats on setting up your LLC and series structure!

I’ve learned the hard way that a little miscommunication can lead to big headaches.

The tenant in common nature of the ownership would tell me that you would only be related to your mother in laws portion at the most. 

If they mess up, they are messing up working for you.

Other than the repairs needed of course

Maybe you're feeling a bit behind and avoiding the mess of bookkeeping that piled up. 

Hi @Robert B Azimi,A home that has been registered through The Mills Act, can be rented out the same as any other property, and it can even increase rental revenue as there are people who really like the thought of living in a historic house.