FWIW I love owner financing and am planning a business model selling houses on owner financing, but I will work hard to be compliant.For some hair raising info about "enforcers" go to the last page of this mobile home thread:Mobile home safe act threadBTW the "police" will 99.9% be the borrower who feels they where ripped off and they call the authorities especially if they figure out the legal remedy is 90% of the time the investor loosing the title and equity in the deal.

In fact, if your % of ownership is reasonable, then you could assign or split maintenance issues, your tax accountant might pull their hair out dividing depreciation, but if they have an ownership interest, they can pay for repairs.

Except Frank it seems loves public speaking and telling hair raising real world park management stories.  

The normal guidelines for conventional financing do require 25% down payment so it just depends if the lender you're going to has access or know how to do the correct programs for your house hacking strategy.The conventional program with 5% down is best when fico scores are 720 or higher, while FHA, the later, is best for scenarios where there is more hair on the deal (credit issues, lower scores, income in consistency, etc,etc).Hope that helps.

Bedroom #3 had been turned into a commercial space at one time (an at-home hair salon) and needed some work to return it to a bedroom (remove water lines, etc).3.

Someone recently wrote the late 60's and early 70's are the "new" 40's (obviously they have never tried to get out of bed in the morning at that age).Seriously, since I stopped dying my hair and let it go totally grey/white I get all sorts of folks trying to help me in my "old age". 

Personally, I wouldn't add hair to the deal now with the conventional offer.  

mother and mother-in-law father and father-in-law brothers sisters former and current brothers-in-law former and current sisters-in-law past and present CPA past and present attorney past and present real estate agent landlord hair dresser manicurist massage therapist workout trainer tailor pool service rep gardener doctor all members of a charity organization you might belong to church members you know anyone you have donated money to—ever co-workers former co-workers former employers current employer current customers of your current job (be sure to first get approval from your supervisor) former customers drinking/social buddies college friends high school friends You can see that the list can go on and on.

I get so many calls after some mailings I want to pull my hair out.

I believe what is really bringing down prices is the "silver hairs" or older folks.They have already made their money, and most of them own their homes.