Isn’t the advantage of MHP ownership the fact that you own the land (pad sites), have limited maintenance and limited management, and that tenants tend to be long term because mobile homes are costly to move? 

Goal is to eventually quit my day job (land surveyor, mostly for construction).

If it is considered a security in Florida, I'm told that a Transfer on Death document can be recorded in the land records of the jurisdiction where the DST property is located to ensure that the interest will not pass through probate even if it is not held in a living trust.

Land lording, locating tenants, collecting rent, property depreciation.

We used a Land Trust to side-step the due-on-sale clause and the property transfer (sales) tax. 

I'm specifically interested in learning how to land a pre-foreclosure deal, but I think I need a structured system for educating myself and have a teacher/mentor for support and to hold me accountable during the process.

He has bought the land and paid for design and survey work out of pocket.

Background - I'm in the southern Kentucky market and that's where the land is located.

Some may cover HVAC (often called RTU) in the entirety, and some may cover up to first $5k, but anything over $5k is LL responsibility.Also, you need to think about the land value at the end of lease.  

Do you want another land lord to go through this knowing that you could have stopped it??