The biggest advantage I see if that on a refi I will have a payment every month even if I don't use the cash out money.

Account Closed Here are a few resources that I found valuable when I was learning about the details of investing in mobile home parks:Books:Mobile Home Park 10/20 Investment System by Dave Reynolds, Frank RolfeMobile Home Wealth Part 2:  How to Become Even Wealthier investing in Mobile Home Parks by Zalman Velvet, Stuart SilverThe New Investor's Guide to Owning A Mobile Home Park by Laura Cochran, Erin CochranThe 21 Biggest Mistakes Investors Make When Purchasing Their First Park and How To Avoid Them by Charles DeHart and Kevin Bupp (available for free from www.mobilehomeparkacademy.com)Podcasts:The Mobile Home Park Investing Podcast with Kevin Bupp and Charles DeHartMobile Home Park Investors with Jefferson Lilly & Brad JohnsonWebsites/Blogs:Park Street Partners - http://parkstreetpartners.com - This is the investment firm run by Jefferson Lilly and Brad Johnson.  

My biggest red flag is instead of providing a scope of work,  the "I'll do it ALL for $XX,XXX!"  

Just like I am sure the AREC hates new agents who try to make the biggest commission instead of focusing on the needs of the seller.

I'm not the biggest Dave Ramsey fan, but in your shoes I'd say take a page out of his book and start with $0.50 a day.

There's a million different techniques for pitching sellers, but the biggest thing is..just talk to them!

My biggest issue with the restrictions is that I have a 5 bd/3ba house and cannot do house hacking.

IE RE usually one of the biggest financial transactions you will do in your life time.

Both "red flags" that something is wrong.and the biggest one for last...4 - No comps in the area to support higher that $90k. 

Indoor is much easier to control for pests, more efficient water usage (on the west coast, this is a HUGE deal because if you can have permits to do business, but if the state says you don't get any water, then you're done), higher quality product, etc.My biggest concern would be that large funds (hedge funds, pharma companies, etc.) are not involved in the industry yet because of the political climate around it.