If the mobile home is secured permanently to a foundation, it becomes part of the real property.  

For docs, at a minimum, you'll want a promissory note, PG, loan agreement, and a security agreement to attach to whatever collateral you can reach.

It does provide me clarity about the direction i should be taking.Thank you!

I'm guilty of this to a fault at times, prioritizing other peoples families over my own even..but success takes sacrifice and top real estate professionals are generally rewarded for their contributions to protecting and providing for their clients.

The thing I love most about Cleveland is the diversification of the areas, there will be something out there for every type of investor.If you'd like to hop on a call, I'd be happy to discuss this further and hopefully help provide some insight for you. 

@Evan Polaski yes the cash that I’ve allocated is going into low volatility liquid securities that also generate some yield.  

One strategy for acquiring a coastal vacation property or future primary can be to secure and operate the property as a mid or short term rental to help sustain or offset the investment.

Partnering with Glenn Klingensmith provided valuable local insights, making this an attractive and strategic investment.

@James Coleman I would be happy to provide a 3rd party review of the property and numbers to provide you an analysis. 

Partnering with Seth Choate provided valuable local insights, making this an attractive and strategic investment.