Make note of the approximate location of the house (red circle) on the map in relation to the boundaries, as this will help you find the house.

There may not have been but I would bet there were multiple red flags 2 years ago before the lease signing that were over looked.

And the statement "That is not me" is a (Warning flag, Red Card, Strike 3, 15 yard penalty, 15 minute major, Technical Foul, pick a sport reference you like....

If it is acceptable does it raise any red flags? 

I recently red and watched a few videos and informational site on realestate investing.

Do you guys see any red flags and what would you offer for such a MHP?

If the investment has professional administration, you will have access to the answers to those questions, but also much deeper vetting of the sponsor that will include personal background checks covering things like bankruptcy, judgements, litigation, criminal history, and other red flags related to a sponsor that you would want to avoid, plus other items that investors rarely consider like ensuring that the properties are actually titled correctly, property taxes are paid, and insurance is current.

Is this a red flag about the property?

Anyone have thoughts or any red flags on this plan?

We bought a red tagged property that had to be almost entirely torn down and rebuilt.