If you are investing passively into a fund, they must comply with SEC rules and most cap the number of non-accredited investors. 

Any assignment that does not comply with these requirements shall have no effect.

It would be wonderful to speak with NNN owners and compare notes on how well various tenants comply with lease obligations. 

You will have comply with your state's version of the act.

The execution of the installation of the mod home is important for complying with local code.

At the request of the property owner the municipality may negotiate a longer time period, but may not shorten it.REINSPECTION OF PROPERTY: (1) At the expiration of the 12 month time period or before that time, if requested by the property owner, the municipality shall reinspect the property to determine compliance with the cited violations. (2) If a temporary access permit has been issued and reinspection indicates that the noted substantial violations have been corrected but other cited violations have not yet been corrected, the municipality shall issue a temporary use and occupancy permit to be valid for the time remaining on the original temporary access permit. (3) If the reinspection indicates that all noted violations have been corrected, the municipality shall issue a Use and Occupancy Certificate for the property.FAILURE TO COMPLY BY OWNER: If the property owner fails to correct the code violations cited by the municipality, the following actions may occur: 1) Revocation of the temporary certificate; 2) The purchaser will be subject to any existing municipal ordinances or codes relating to the occupation of a property without a Use and Occupancy Certificate; 3) The purchaser will be personally liable for the costs of maintenance, repairs or demolition sufficient to correct the cited violations, and a fine of not less than $1,000 and not more than $10,000.PRE-EXISTING VIOLATIONS: This Act generally applies to violations that are found as a part of the municipal inspections done for property resale.

We had a lot of upfront expenses to comply with the town, but this month we will see 500-600 in cash flow!

If you can't get the borrower to comply, there's not much you do other than abate it yourself.  

If you do not have a lease, you likely have a month to month tenancy and must comply with the law in your state regarding notice. 

She's just shuffling the paperwork to ensure you comply with contract law and keeping you out of trouble.