It has a fence that we verbally agreed we would honor as the property line when we purchased it without a survey and the fence line gives us more space in some areas and the neighbor more space in areas when compared to the legal property lines. 

on the land locked they perfected a license to cross state of Oregon lands that took 6 years.. they paid all the legal fees to do it probably close to 100k. if not more..

If you're willing to educate yourself and have the personality for dealing with difficult situations, then it may be a good choice.Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

I would say local property management company is ideal so you learn the legal compliancy, too, BUT we also have many virtual non-local employees that are amazing at their job and have learned a lot in property management even if it's not in the state they live and own their own rental property in. 

Look at laws passed in your city/state/country since it was written and see if it’s still 100% legal.

.* Verify the "legal non-conforming" status of the MH's.

I will let engelo pontificate on it.. being that he is famous there.. you may not have known it but he bought the cheapest home ever sold in All of Australia and made national news.. then they kicked him out of the country and he had to flee to the US were as we know we love imigration legal or not.

Kris Krohn got into some legal issues in 2012 with the SEC, but if you read the actual complaint, the SEC makes it appear as though Kris Krohn is unethical, and their real estate deals were not profitable.  

Most cases with Hard money it is temporary financing with minimal standard guidelines.

Legal and Tax Considerations:4.