This works well if it's an MTR or STR type situation and you are in control of the lock.

Worrying everyday about getting fired for something out of your control?

@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.

I do agree the lack of control is a potential issue.  

First, what does your lease say about pest/rodent control? 

Permit eligibility is based on region (usually the west side of town) and density (quantity of surrounding STR's in the area) as well as percentage of landscaping and minimum parking requirements. 

Also make sure you are comfortable with some holding costs if the units don't get rented right away (if vacant).Also look into if there is rent control in the area that the property is located.

.- Since we're not really in full control of the property, the Hold Harmless also indemnifies us against anything that goes missing at the property and squatters.We get asked/told to do all kinds of crazy stuff by owners, who either don't care what happens to us or haven't really thought everything through.Hope this addresses your question.

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That's unusual and it would be very difficult to find a passive investment like that.Also direct control means I know exactly what's going on.