@Chad Demoss: The number one question to ask yourself BEFORE investing in the City of Detroit, is what is your appetite for risk?

However, developers can sometimes overbuild such that all of their new apartments suppress rents and occupancies of their competition.

You can find out which banks have a strong appetite for parks by asking the MH/RV brokers in your area, networking through other owners of parks in your area, or simply obtain list of the smaller banks in your area and just calling them to see if they are bullish on parks. 

Local laws can not suppress HUD regulations.  

I spent all of my early 20s traveling Europe and working odd jobs and fighting wildfires all while never finishing my degree in computer science.Since then, however, I have reached mid-20s-dom and have developed a bottomless appetite for financial education.

Make yourself familiar with what is and isn't covered, so you can make an educated decision on the level of coverage you want based on your risk appetite.

One - market appetite, which is reflected in the capitalization rate.

Attached items such a walk in coolers, fire suppression systems, hoods, power vents , sinks and the likes are part on the building and remain.   6) If a TA is needed to get the lease signed and you desire to give one I would give them 1-4 months without rent.

The variation will depend on how large your downpayment is (20% minimum), your experience, quality of the asset, your overall net worth and income and the appetite of the lender. 

That being said, the appetite for multi-units is still very high and will remain competitive especially because inventory is so low.