You may not receive a certificate of origin for previously owned homes, because, unlike motor vehicle certificates of title, certificates of origin do not have to be signed over to subsequent purchasers of the manufactured home.

Yes and no depending on your sister in law's desire to run her own business.She may like the thought of you doing all the work and she just enjoys the money you generate for the family business.But if she is up to the challenge,separate businesses would be easier for everyone involved (especially you).Tread softly here though,you really need through property inspections and appraisals from professionals to determine the exact value and current physical condition of each unit .This will prevent hard feelings and potential law suits between the two siblings.Nothing is gonna hurt more than accidentally giving the other party termites and rotten roofs.All properties would need to be repaired and made whole before division of the estate and subsequent sales to the public if desired.

Because I had success in the former doesn't allow me to assume that will be the case for every subsequent claim.

What guarantees or assurances can you provide the private lender that with each purchase, there are no additional hidden, unrecorded or other liens and title defects that could be discovered subsequently and that could materially erode any initial estimated equity or profit?

Then, without any subsequent offers the house goes into foreclosure, would you still argue you did you fiduciary duty?

Account Closed I can't speak for everybody here, but criticizing a poorly thought out idea and subsequent analogy, doesn't equate to personally attacking you.

One of the biggest reasons is that at the closing table usually all parties will be present which means everyone will be on the same page with what's happening.Compare that to most double closings, where the investor/wholesaler usually tries to keep the owner in the dark as to the subsequent closing and real source of funds.

Subsequently, the mortgagee would likely foreclose on the HOA and send it to Sheriff's sale.

You could do DIY for SUBSEQUENCE Land Trust/LLC but you MUST know what you are doing.

But I think the last bubble and the subsequent crash is the 100-year flood kind of scenario that is highly unlikely to happen again in our lifetime.