That's why we typically see here an Order for Distribution which accomplishes the same thing.

MHs have improved dramatically because of HUD requirements, market demand, better materials and manufacturing techniques, and lender requirements.

Even if the "high end developer" used good soil placement techniques, the site could have been developed for other purposes in the past and that may not have revealed itself sufficiently duirng the due dilligence of prevouis investors.Example; Last year I consulted on a new site for a prominent car dealership that was developing a site adjacent to an existing facility.

Anyone using that technique?

With this model, the costs of the default are distributed.

Any distributions from the LLC would go to them.This is a VERY complex topic.

BP is a great resource to learn about other investors techniques and markets across the US.

In this case, you won't touch the funds (unless there are funds for rehab that are to be distributed to you), and the lender will be repaid as agreed -- most likely upon sale and directly from the proceeds of the sale.

Combine this with some major jobs moving in with one of Canada'a largest distribution centers, a very large and new call center, and a ton of other up and coming jobs.

But it is not free, it does take some money and it does take work.There are no secret techniques in this business.