I and my family have been in the multifamily industry for many years, owning and operating apartment complexes ranging in size from approximately 30 - 130 units, in California and Oklahoma.We are considering dipping our toes in the mobile home park business to diversify the portfolio and add some yield (anybody half awake has noticed that multifamily caps are at historic lows) - we'll be at the bootcamp in Seattle this week.But one question has been gnawing away at me - there is no free lunch in this world.

Read my blog on TIC, TAC, TOE, you won't need to go with a total Sub-To and done properly you may avoid the due on sale issues.

The Commission's job is to protect the public so they are pretty hard on companies that don't toe the line.If they haven't violated their fiduciary duties to you then the next route would be the attorney. 

I definitely don't want to step on any toes...especially the feds.

Mine will work out fine but my butt is sore from kicking myself in it so many times-- wished I had walked away from the deal like you did.   

We've done a lot of long term rentals but just dipping our toe in the water for short term rental market.Thanks!

Take your time and learn as much as possible and then dip your toe in the water.

And I visit unannounced lol keeps him on his toes.

I have done a lot of prep work but just need to become more familiar with the area and I don't want to step on anyone toes.  

Currently, I'm looking to dip my toes into personal investment - specifically, I'm very keen to learn more about the opportunity/technicalities involved with combination owner-occupied/rental properties and whether this is really a feasible arrangement or what the implications in getting financing for such a deal could be.