I think screening will be your best friend if you go this route to prevent the most headaches. 2) I'd say the biggest problem renting by room is potentially laws about unrelated persons living in same household.

It's possible that this increase can prevent a lot of people from buying and might even force others to sell.Do not wait for your taxes to increase.

This will allow me to have better deals and can profit on the work as a contractor.Are their any clause which prevent this?

Thank you for sharing your story here to help prevent other new investors from falling into the same trap.

There is little to prevent them from banning rentals.    

The village the current deal is located in has several zoning ordinances which they claim prevent the park owner from replacing current trailers with newer, or from adding MH's to the two open concrete pads.

Your post history indicates that it's not that many which further proves my points...It's a low margin arbitrage game when you're 100% financing deals and you will quickly run into DTI issues that will prevent it from scaling.

I have heard that sometimes they don’t and that’s what prevents an assumption from working out.

point is even a great tenant can have life events that prevent them from continuing to be able to pay rent.  

It sounds like the transaction is close to closing, which means instead of finding a new buyer, they'd likely be open to reasonable concessions.Included full clause below...FORCE MAJEURE: Buyer or Seller shall not be required to exercise or perform any right or obligation under this Contract or be liable to each other for damages so long as performance or non-performance of the right or obligation, or the availability of services, insurance, or required approvals essential to Closing, is disrupted, delayed, aused or prevented by a Force Majeure event.