Thanks, Gary Neely Gary, Just use you standard state contract and write out the terms of your seller financing in an addendum or on the OTP itself if there's lines for additional provisions.Be clear and concise.Example,Seller will carry a promissory note secured by a 1st position mortgage in the amount $97,583.00, at 6% interest, amortized over 30 years, witha a maturity date and balloon payment due 10 years after the closing date.Hope this helps and certainly get an attorney involved if you are not comfortable drafting the language.  

Hi there,I am looking to get into MHP investing, I have saved up a quite a bit of funds from selling houses.Is there anybody (preferably in SoCal, but not a big deal) that is in the MHP space, either a broker, or an investor, that can help provide some guidance & would be interested to connect?

For example if the rent is $1,000.00 per month they applicant must provide proof of income of at least $2,000.00 per month. 

Because I have to apply that against a security deposit.

My county doesn’t provide this list or I’m searching the wrong way.

I can provide a fantastic cabinet guy that caters to investors specifically, very involved in REIA's and is an investor himself.

Schedule a time to visit the rental and do a walk-through to ensure it is safe (no running water, temp adjusted, trash hauled out, etc.) and secure.

I provide leather sofa and chair, end tables. 

I'd encourage separate units not shared based on my experience as a general contractor and developer at all levels in two different cities not a rooming house Can you provide some explanation or elaboration on the pro/cons of the two approaches?

That might provide some insight into whether you want to go further down that (and the) road..If things are going well in the immediate area of the Arkansas property..maybe see if there is anything on market in that area?