Kindly confirm if you are in agreement with the above repayment statements before we can proceed any further.If someone has experience with a loan like this, please let me know what you think about this whether it's a good idea or not for being our first rental property.

There are so many things you need to know about the plots of land you would be targeting - are they leveled, foundation options, water tables, access to public water and sewer - and that's all before you confirm the right prefab and also confirm that there are local builders who can do the foundation work and then assemble and connect.

Usually, this means you won’t be able to change it….wetland, conservation designation, too small, no building permits will ever be issued due to whatever reason, etc. 

It’s especially designed for real estate “professionals”.

It sounds like the MLO is designed to have a purchase option at the end of the lease. 

I thought that the property management fee was designed to cover the cost of them calling out a plumber if it is needed. 

The latest version (ERAP) requires the Landlord and Tenant to participate, which enables you to confirm she has actually applied and lets you track the progress of her claim.

If they reply in the affirmative you now have  written confirmation. 

There are a few exceptions though, for homes that have unique features, homes that look like they were renovated with quality materials and tasteful design are being bid up.

How are you able to confirm the deal is "good" without seeing the books?