One other thing, if SCI is so willing to buy MHP's and be the owners of them, why that every piece of paper we get (rules / regulation, leases, notices of rent increases, etc) do not have one ounce of SCI's name or signature from anyone at Sunrise Capital Investors.

From my experience: SMS has the best conversion but is the most regulated, so it depends on the rules in your market. 

He also doesn't control regulations in the states/cities, but his attempts to cut regulations may trickle down and impact personal property rights and people's ability to use their properties as they see fit.

I am pretty sure in future there're more regulations and restriction being put into syndication business.

Are there any rules, laws, or regulations regarding this?

., stricter regulations or lower demand).

I understand Vermont has slightly more stringent regulations to contend with but it would also be closer for us geographically and thus potentially easier to manage. 

Hoboken has stricter renting regulations than Jersey City.

@Wiley Hood to be honest, with all the new regulations around documentation for cost segregation that has come out, I recommend having a professional do them.

Be sure to understand the financing options out there for mobile home buyers and if you opt to carry the contracts on the homes you sell you should do some research on Dodd-Frank regulations.