Create an option contract that either doesn't include financing or is a compliant mortgage.I think DF will be good for MH investors because it discourages park owners from being in the financing business.

They can assist with screening and ensuring you are compliant with the law.Of course, you need to know Dodd Frank and what it does to our business... and always stay compliant.

There are a couple of thresholds to be aware of in doing so: 1) once you do 3 or more in a rolling 12 month period you must comply with RESPA, 2) once you do 5 or more in a rolling 12 month period you must comply with the SAFE act.My recommendation is to work with a state local RMLO and RE attorney in order to make sure you're staying compliant.

@Bradley Bogdan had some threads with a LOT of details in the past, so using the search BP function would be recommended.also if you go for seniors as customers, please remember to be ADA compliant. or look for the non-profits in your area already doing that. you just provide them approved housing stock.and read again what @Patti wrote: you cannot discriminate, not matter how good intentions....

(google this, and search in BP)  My accountant is no longer recommending that strategy, and he says the IRS is taking a much closer look at the "Checkbook IRA" and will probably eventually invalidate that model as compliant with the code. 

As Bill mentioned, interest only notes are not SAFE Act compliant.

It's not that difficult to stay compliant -- just pay a mortgage broker $100-$200 to handle the paperwork for you.

If you close a deal, you have several years to look over your shoulder.You have a choice, you can start in the real estate business in an ethical, lawful and compliant manner, seeking to become a real estate professional or you can begin and conduct your business in much the same way as a drug dealer does trying to hide your deals and ignoring laws.

@Jay Hinrichs Good point.Nobody is in the title business anymore unless they are ALTA Best Practices compliant -- either third party certified or lender verified.

5 yr loan is dodd frank compliant.