Contract assignments are very common across many industries, including real estate.

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..

Great advice on the tenant friendly state, I have studying deals in OH (which seems to be common theme on here lol) along with PA.

The common “goal” for SFR investing is $200+/month in cashflow, i.e. cash leftover after PITI and all expenses/reserves.

Considering your goal of house hacking a duplex, while FHA loans are common for first-timers, there are alternative financing options to explore:Conventional Loans: Need more credit and down payment, but offer flexibility. 203K Loans: Ideal for fixer-upper duplexes, bundling purchase and renovation costs.VA Loans: Great for vets—no down payment, competitive rates, and no mortgage insurance.Portfolio Loans: Private lenders, good for unconventional income or credit histories.Hard Money Loans: Quick, high-interest, good for investments or major renovations.With $30,000, mix it up—use it for a down payment, maybe pair with a conventional or FHA loan.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

I've used FAT for creative finance deals statewide going on 10+ years now.I've done deals in Maui, Oahu and the Big Island.

I feel like this is one of the most commonly asked things for house hacking, "What is the next step".

Just play close to the vest, please use common sense, no one loves your $$ more than you, be smart and always pay attention and ask questions tol you are satisfied if something does not make sense!!!

I commonly see them used in the application you described, although many investors who do this don't fully appreciate the risks they are taking.