If you have any sort of plan in your head then that can sufficient dependent upon how your mind functions.

I'd highly recommend you sitting in one training class for each broker you interview, and judge for yourself on the quality/quantity.

But then the city's rules are so numerous that the quantity of rules is a burden.

This is known as the self-sufficiency rule.

Regardless of how new everything is, you should still budget monthly reserves for CapEx, OpEx and vacancy, until each property has built up sufficient reserves.

When you correct something that the lease does require of you, prepare a fill-in-the-blank form that you have them sign each time that shows the date that they brought the matter to your attention, briefly describes the matter, shows the date it was fixed, and states that their signature (make sure it states one party signing is sufficient) shows their full satisfaction with the action you took. 

Lenders we have worked with look for a 25% down payment, an adequate reserve, and a personal guarantee supported by sufficient personal income and assets.

This is known as the self-sufficiency rule.

On the other hand, however, the quantity of resales of MH homes can make up for their lower price points. 

On the other hand, however, the quantity of resales of MH homes can make up for their lower price points.