I felt very prepared for the licensing test.

I was prepared originally to go all in until I decided to let one loan play its course.For what good it will do, I plan on writing ( or possibly calling) the SEC and the NY times and seeing whether I can get some traction there

Account Closed If it is so easy to get for the MH in your area why hasn't the seller done with in preparation for selling the park?

This will help you and your accountant when you prepare your tax return.

The best is to prepare for the worst, talk to a lender now pre=quality for a refinance ,make sure of your numbers when buying the asset 

I do think the communication level is poor, not sure what the level of commitment is between you but I'd consider looking into another firm so your prepared for a change.. 

Does the existing paperwork that has the old owner on it transfer to me or do I need to prepare a copy of that lease and have everyone sign so it's "legal"?

Most landlords these days fill up the pool make a garden out it.The waiver works if properly prepared and is safe to use.

@Brian LeskoWithout looking at property, these are just a few that come to mind, of course some of these are a bit to soon to ask during a showing and even the realtor may not be prepared or know the answers to these, but eventually if you want to proceed with this property you should definitely get answers to these:How long have current Tenants been there?

Lenders that sell their loans today are also taking part in what they call CMBS 2.0 (post 2007 underwriting criteria, where it is very common to see certain terms and conditions implemented for the additional security of the bondholders, and the increased risk of the Borrower (you)).The one thing that I see over and over – even with some of the biggest players in the market, is this: Investors spend a lot of time and attention on the due diligence of the property, economics affecting property performance, property management, repositioning, and on closing the loan - - and NOT AS MUCH ATTENTION IS USED TO PREPARE FOR THIS ENTRY INTO THE FINANCIAL MARKETS, (WHERE THEY WILL BE RESIDING FOR UP TO TEN YEARS) AND HOW IT CAN ADVERSELY AFFECT THEIR RETURNS.