That is the most common piece of advice I have received.  

I take it that 35% is the common expense ratio for mobile homes?

You can read the forum and create a list of the 30 most common problems, then study how to handle them and develop a plan for each in less than a year.

I'll throw it out there as an option, knowing that no one is really going to take it.Your proposed transaction is low leverage, so very good terms should be available, but FDRs New Deal in the 1930s (which created the kid-friendly home loan ecosystem -- home loans commonly had 10 year balloon payments before that, even if you put 50% down) was only for homes, not for CRE.

https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?

This is a common tactic.

Kids are adventuring and walking too and from school unattended, people park where they need to, people use common sense to make decisions more than relying solely on the rules, etc. 

One of the most common derogatories are medical expenses.

I realize you are an expert on 1031 but perhaps "interest tracing" concept is less common...

They value furnished common areas, high-speed Wi-Fi, security, in-unit laundry, and smart home technology.