Some muni's require electrical upgrades, fire suppression systems with sprinklers, etc.

Thus my question about turnkey - Not as an investor, but as a seller/manager of the properties.I have been looking at these various models that companies seem to be using, and it is hard for me to grasp offering "A fantastic 8% ROI" with really sketchy numbers and alot of problems that can arise with run-of-the mill rental properties.Granted it's not something I'm running after wholeheartedly, but in the end my appetite for rentals in this area is alot higher than anyone around, so I'm trying to come up with unique funding options, even if it means selling a few to fund more. 

Depending on your appetite for risk you can invest in non performing or performing.You do not have to deal with tenants, toilets or termites and can get double digit returns.

Insurance policies and LLCs are designed to help after an incident has taken place and both should be considered, but a thorough assessment of risks and a plan to mitigate those risks will help prevent an incident in the first place making both you and the potential victim better off.I think the choice of insurance or LLC is a personal decision based on your appetite for risk (which is why I try to gain more control and focus strongly on mitigation strategies).

We have suppressed affordability like last time and, rampant appreciation like last time but the economic factors for wages and employment are different and the products on the market are different.

Trying to get a feel for what the appetite is for homes there.

I've noticed that suppresses applicant flow as well.

Plenty of investor appetite right now and if you can bring deals to the table with a good value, you'll be a happy camper.  

Generally, outside of seller financing, the common types of debt available for RV parks and mobile home parks are:Local & Regional Banks - You can find out which banks have an appetite for parks by asking the MH/RV brokers in your area, networking through other owners of parks in your area, or simply obtain list of the smaller banks in your area/region and call them to see if they have lent on parks in the past.

I will be writing a forum post on this today also.One thing to then consider in a cooling/normalizing market (by the time you subdivide and build the market could be hot again but presume normalized but plan for 5% reduction) is the general appetite of smaller family homes is greater than larger homes. meaning more buyers for more affordable housing that the no# of buyers for larger and more expensive homes.