In the current market the alternative portfolio loans are called non-QM loans because they do not meet the "Qualified Mortgage" standard as outlined in the Dodd/Frank legislation. 

Of course, a solid property manager would also keep you updated landlord news such as legislation or new laws that are passed. 

The way the SEC has implemented this legislative mandate means that there will now be two different types of offering under Regulation D’s Rule 506: • Traditional Rule 506(b) offerings, which cannot use general solicitation, but in which up to 35 non-­‐accredited investors can participate so long as they are provided with extensive information about the issuer of the securities, usually in the form of a private placement memorandum or PPM; and • New Rule 506(c) offerings, which can use general solicitation, but must be sold to accredited investors only, in which the market will let investors dictate the type of information that they need in order to make informed investment decisions.

They are a very valuable resource for information on state laws and they work to protect the interests of community owners legislatively as well as provide networking opportunities with other community owners in the state ( An example:  http://imha.org/  ) And Yes, land lease communities can be a far superior investment when compared to other types of commercial real estate.

I have done two land contracts in the past before the whole Dodd-Frank legislation came up. 

You hope to cover your costs with rental income, there is a concern legislation will turn against you, you hope to sell at a profit.

This city is tough to leave behind.I'm a big fan of house-hacking at least your first 3 rental properties, ideally utilizing friendly ADU/DADU legislation if you're in Seattle or Tacoma proper.

What legislation are you referring to?

SB354 in Texas Legislature threatens Preforeclosure Investing In an effort to curtail so-called "foreclosure consulting", a bill introduced by Texas State Senator Craig Estes in the current legislative session contains provisions that will make it almost impossible for legitimate real estate investors to purchase pre-foreclosure property before the auction.

Hondros is great if you just want to bang out the class hours and take the test.Also there is currently legislation in the works to allow Ohio pre license courses to be taken online, so if waiting is an option, you might want to look in to how far along that legislation is.