Poor regulatory cuts will super-charge the bubble and it will pop hard, just further down the road.

Contact the regulatory agency that oversees Mobile/Manufactured Homes.

Be warned that surrounding developing SE Asian countries depend a lot on who you know for regulatory issues and absentee ownership would be tough/risky.

My 3 year goal is to build my portfolio to 10 rental properties.I have a lot of experience with contractors, architects, attorneys, bankers, regulatory agencies and real estate agents from my restaurant deals.

However the President appoints the heads of regulatory departments, so there can be rule changes. 

I would be very grateful for any advice that experienced investors can offer.A little more info:We're considering investing out of state, as it seems challenging to cash flow here, but also due to the general regulatory (and litigious) climate of CA and especially the Bay Area.I understand that there are likely great opportunities within driving distance of the Bay Area and that something local makes sense especially when starting out.  

Once you're licensed there is a regulatory body watching you.Fees.

You have needs for loans, the banker has needs from his board, stockholders, regulatory agencies, etc. 

With a heavy-handed new law that is the first of its kind in the nation, Seattle has set its regulatory crosshairs on landlords, attempting to police their inner thoughts and eliminate the possibility that their decisions could be motivated by "implicit" or unintended bias.Known as the "first in time" rule, the mandate forces landlords to rent to the first qualified applicant, rather than choosing the best fit from among prospective tenants.Sponsors contended that this unprecedented restriction is needed because traditional anti-discrimination laws do not protect against unconscious prejudices.

@Kelvin LeeThe term you are looking for is called "regulatory capture"  and we have certainly seen that big business is now a strong supporter of left wing politics in an effective effort to drive smaller competitors out of business.