Thanks.Jeff I think the strategy is fine so long as the new and larger home is conforming to the area. if it ends up being the largest home on the block and largest in the area, you will ahve a hard time getting it to comp out and for buyers to buy.Secondly, for several years now, the cost to build new is much greater than the cost to buy existing and repair, thus, adding on did not make much sense, especially when you add in permit costs along with longer holding times.As prices continue to climb, costs to build will finally catch back up and the time to spec build will be back.

Because of a Pareto principal level, of 'conformity.'  ;-)))

Even with a grant deed they'll often require an estoppel letter if the transfer was an uninsured transaction.There is a process to obtain an ExParte Order Staying Foreclosure Sale however the judges and commissioners are reluctant to approve, they are only heard certain days of the week and can be tricky to get a conformed copy of a signed order in a timely basis.

I find that I have to conform to their schedule at times, and it's annoying.An HOA sometimes does let things sit longer than a single owner would.  

@Michael Prakash: (I am not an attorney): Each state is different when it comes to trusts (although majority of them attempt to conform to the uniform trust code).

I would say it doesn't sound promising to go with a conforming loan (which it sounds like you are thinking of for the second home) but I know Chase well and I have zero confidence anyone there reviewed your returns in enough depth to qualify that statement.

I emailed my bank today that holds the loan for the land combo to see if I can refinance to get the title of the mobile home in hand & just have it conform to a land loan.

Both have worked with attorneys to draft a proper lease that conforms to their respective state laws. 

These are homes which are basically non-conforming multiplexes.

However, based on what I've read here, landlords do not have to conform to ADA.