The vacancy risk post MH sale (either having to take back title for non payment on the MH or find a replacement if they pull their trailer) makes the juice not worth the squeeze to me.

@Lee Bell I guess you could.

This dates me, but who knew Enron was going to go belly up?

An alternative strategy would be to go into the VR biz which is an active biz where you can self manage and juice your returns, ie more work but more profit.

For example, a relative of mine invested in an apartment syndication deal that went belly up in a big way. 

I do not mind adding her to the deed, because the juice is definitely worth the squeeze, but is this allowable? 

It's more time-intensive if you manage it yourself, but in Colorado Springs, Airbnb is a good way to juice your rents quite a bit. 

I did not do this until I had the juice to go out and transact..

I was afraid of scanners could not figure out how to use them.. but in the last 7 to 8 years I finally figured out how to do it.. once my computer guy made it easy on my desk top and I got a Scansnap from Fujitsu now I could not live without it.. but at the end of the day.. in RETAIL owner occ real estate.. folks just don't really know how it works they need the personal touch.. its belly to belly it has been that way when I started 44 years ago and it will be that way in the next 44 years.. we can do a lot of information collation into the computers that help.. and the days of driving clients around in your car is kind of done.. were I see the distrupter really is the buyers will search on line and do there own search's first before finally calling the agent to get in the house..

What that means for CPAs is that if I write ANY letter or provide ANY documentation to a lender on behalf of a client, and the lender then uses that letter or document to extend credit to said client, and the client goes belly-up at a later date, because of "privity" I am a party (unwitting and unwilling) to the agreement and can therefore be held liable for the debt.