Check out Every Landlord's Legal Guide by NOLO.

I have done extensive research in the risks, how to structure such deals to mitigate those risks as effectively as possible, and legal considerations of each strategy. 

. - Mobile homes are permitted I've verified with the recorded restrictions and by calling the Property Owners Association. - Current owners have surveys, this is a new subdivision.- Public sewer available.- Current owners purchased many lots and they haven't developed them.

Consult with competent legal counsel to guide you regardless of your choice here.

Do any of the tenants have Dogs (Breed restrictions are individual to each company).These may not prevent you from getting insurance but they may limit the number of companies willing to insure it.

Focus on locations with strong population growth, growing or stable job markets, low operating costs, and no rent control restrictions.

Leverage the Power of LLCsEstablishing a Limited Liability Company (LLC) for your real estate investments can offer both legal protection and tax benefits.

I’ve never actually been legally owed money before so I was green on how to handle things while trying to be understanding and respecting other lifestyles and career choices.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

In case someone has been successful please share the methodology that is legally approved.thanks,Ananth