For purposes of section 263A, produce includes the following: construct, build, install, manufacture, develop, improve, create, raise, or grow.

—The term ‘mortgage originator’— ‘‘(A) means any person who, for direct or indirect compensation or gain, or in the expectation of direct or indirect compensation or gain— ‘‘(i) takes a residential mortgage loan application; ‘‘(ii) assists a consumer in obtaining or applying to obtain a residential mortgage loan; or ‘‘(iii) offers or negotiates terms of a residential mortgage loan; ‘‘(B) includes any person who represents to the public, through advertising or other means of communicating or providing information (including the use of business cards, stationery, brochures, signs, rate lists, or other promotional items), that such person can or will provide any of the services or perform any of the activities described in subparagraph (A); ‘‘(C) does not include any person who is (i) not otherwise described in subparagraph (A) or (B) and who performs purely administrative or clerical tasks on behalf of a person who is described in any such subparagraph, or (ii) an employee of a retailer of manufactured homes who is not described in clause (i) or (iii) of subparagraph (A) and who does not advise a consumer on loan terms (including rates, fees, and other costs); ‘‘(D) does not include a person or entity that only performs real estate brokerage activities and is licensed or registered in accordance with applicable State law, unless such person or entity is compensated by a lender,a mortgage broker, or other mortgage originator or by any agent of such lender, mortgage broker, or other mortgage originator; ‘‘(E) does not include, with respect to a residential mortgage loan, a person, estate, or trust that provides mortgage financing for the sale of 3 properties in any 12-month period to purchasers of such properties, each of which is owned by such person, estate, or trust and serves as security for the loan, provided that such loan— ‘‘(i) is not made by a person, estate, or trust that has constructed, or acted as a contractor for the construction of, a residence on the property in the ordinary course of business of such person, estate, or trust; ‘‘(ii) is fully amortizing; VerDate Nov 24 2008 22:28 Sep 03, 2010 Jkt 089139 PO 00203 Frm 00763 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL203.111 PUBL203anorris on DSK5R6SHH1PROD with PUBLIC LAWS 5 124 STAT. 2138 PUBLIC LAW 111–203—JULY 21, 2010 ‘‘(iii) is with respect to a sale for which the seller determines in good faith and documents that the buyer has a reasonable ability to repay the loan; ‘‘(iv) has a fixed rate or an adjustable rate that is adjustable after 5 or more years, subject to reasonable annual and lifetime limitations on interest rate increases; and ‘‘(v) meets any other criteria the Board may prescribe; ‘‘(F) does not include the creditor (except the creditor in a table-funded transaction) under paragraph (1), (2),or (4) of section 129B(c); and ‘‘(G) does not include a servicer or servicer employees, agents and contractors, including but not limited to those who offer or negotiate terms of a residential mortgage loan for purposes of renegotiating, modifying, replacing and subordinating principal of existing mortgages where borrowers are behind in their payments, in default or have a reasonable likelihood of being in default or falling behind. ‘‘(3) NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY.

So I think this is entirely manufactured to serve her interests.She is a paralegal; as has been noted it is never a good idea to rent to lawyers or paralegals.

@Craig Jennings,Knowledge is key to enduring success.As a safeguard, I would recommend you first develop a history of experience in the various segments of manufactured homes.

I see unemployment and dropping prices for oil driven areas and increases in manufacturing and agricultural areas. 

If you want to use these with a pad make sure you get one approved by the manufacturer, usually very thin rubber or closed cell urethane.

I finally talked my dentist into making a loan, for something like $30,000, which I used to erect a manufactured home on a lot and sell it.

If Tenant wishes to use these appliances, Tenant agrees to use them properly in accordance with manufacturer instructions and assumes all responsibility for their care and cleaning.

There are a lot of manufactured homes here and remember the tsunami zone for insurance.

-if you can get references of roofs that he’s done that are a couple years old (talk to those customers and you can get an idea as to how they have held up for a couple seasons)- See if he can throw in a manufacturers warranty GAF has an excellent warranty program that might be valuable if you have any issues down the road