You want to look for the flexibility to not be subject to Co-Insurance requirements or minimum earned premiums and varying choices in deductibles and coverage forms.

Six months in, landlord calls and has some story about how he had both a homestead exemption and the mortgage exemption in his name on the house, and the mortgage company found out he wasnt living there, and he had worked it out with the mortgage company that "he would pay a lump sum to them of 4k and then the payments would jump up by $150 a month" He called us and asked if we would be okay with that, and we really had no choice but to be okay with it.

Take a deep breath..... this is America you have more choices/options  than you could ever know.  

You can take it or you can leave it, it is your choice.

There are a lot of great places these days to set up LLC's ,Wyoming is always a top choice amongst investors... as Eric mentioned you will still have to deal with your great state of california.good luck and take care, Sky Mikesell

It is not their choice.  

I doubt many living in these types of parks all over the US qualify if they qualify they are not going to live in these places by choice. 

Unless you have a long track record and feel very confident that would be your choice

The lender can call a title/escrow company of their choice to have them do a refi escrow, and have them issue a lender't title policy.  

DO NOT GIVE EMD to the seller in a short sale (my caps are deliberate); if anything you put the EMD into escrow with your choice of closing agency.