Since the mortgage remains in the original borrower’s name, any missed payments could affect their credit and lead to foreclosure.Legal and Regulatory Compliance:Verify that reselling the property "subject to" complies with state and local laws in Texas.

Does this affect their ability to live in the house or use a part of the house for an extended period of time? 

really the only thing in common with them is the homes are Mobile.MHP much easier to manage day to day.RV park lots of management issues also with RV the chems in the RV's are strong and it can affect how you deal with Grey water and sewage.. many RV parks though turn into MHP if the authorities just let the RVS stay and never move..

When the economy turns sour, lower rents will have less pressure to downside, therefore increase layoffs will affect higher rents than lower rents.  

I made the mistake of taking the tenant at their word, and they repeatedly were late on payments.

They have repeatedly blamed me for signing up with them, stating that it was at my own risk.

That will allow areas outside of the slab to be less affected and limit the required work to place the pads on even ground. 

I'll be doing this under an LLC and I'm not sure if my personal debt to income ratio will affect the purchase or if the LLC is considered to have its own debt to income ratio.

However, the high-interest rates are significantly affecting my operational costs.

*Risks:* There are risks such as unexpected renovation costs, longer holding periods, and market downturns affecting the sale price.