I have read so many different rules and regulations for manufactured homes and I can never seem to find anything definite because manufactured homes not on personally owned property, create a unique situation.

Because of its unique situation and difficulty to estimate costs and ARV, as well as rental income like you mentioned, I thought I would reach out to more experienced investors for feedback.  

Make sure the attorney has history (ask them) with writing PSAs, not all do.You can get a standard PSA by fishing, but each situation is unique and 90% of the time the buyer crafts the PSA so you have the opportunity to protect your interests against "eventualities" that may occur.

I wish I hadn't "wasted" my first VA loan on my first house as it was so cheap I could have just done an FHA and saved the VA loan for future use.Final tid bit is look out for your other buddies going out and buying flashy toys they can hardly afford. 

@Eric David WilloughbyAnother unique way is through owner financing.

My husband and I are a bit of newbies here and have a unique situation.

Here in CA we have found a unique opportunity in the senior community in which they are currently downsizing from their large homes with lots of equity, and want to remain in the same city.

It entirely depends on your unique goals.

Sell when market value reaches X relative to Y?  

While I enjoyed interacting with guests and some of the unique aspects of short-term rental operation, I prefer the passivity of our long-term portfolio for sure.