@Dean HalpinTo buy your first rental property, consider creative financing options like seller financing, subject-to-deals, lease options, private money lenders, and hard money loans.

I'd ask a different lawyer what my options were and if there is any consideration I might receive from "adverse possession". 

This allows you to ladder investments if you're saving up for a big deposit or if you just want the option every few months to extract principal or reinvest. 

Here’s how the contract and assignment process typically works in wholesaling:Contract with Seller:You start by negotiating and signing a purchase agreement (contract) with the seller of the mobile home.

@Laura Williams there are different underwriting guidelines for apartments versus a HOA, but both spaces have very few option for buildings built prior to 1980. 

Lease Option. 

If under normal circumstances, when the loan is complete, the remaining funds (typically just the 10%-15% contingency) go towards principal curtailment.  

So, typically they stay put.You need to know the year of manufacture, is it a single wide or a double wide.

should contact the broker for some options 

I hope some others chime in too with their thoughts to give you options.