Jacob,The advice you are getting from this guy who is "in lending" is very vague and is not covering all of the fine lines that manufactured home financing requires.

This cycle has played out numerous times:Mobile Home Park Residents Lose HomesMidfield Mobile Home Park Residents Lose Court BattleLoss of Another Tempe Trailer Park Highlights Lack of Affordable HousingMobile Home Park Residents Face HomelessnessIn an effort to preserve our country’s affordable housing, it is our duty as community operators to keep Lot Rents in line with the market rate.

First, Albany Park is at the end of the Brown Line.

That is what we thought, but are being told we have to pay SS and medicare on this now even though it is "deferred." 

The big fish has local market presence from years of being in the business but no one else is doing anything on socials.

Focus on LocationChicago’s rental market varies widely by neighborhood.

The advice I would give as a lender are these few options if you both are on mortgage.

It was a great crash course on the basics of a RAL business from location, staffing, patient selection, and branding.

There are numerous threads about sub to and many investors believe it is a high risk strategy (especially for seller) and believe buyers who use it “take advantage” of naive sellers.  

Looking at 50% LTV currently.If your borrowing is TRULY at 50% LTV, a little creativity on your part should uncover potential lenders.