To protect yourself from big losses you should value the park based on the portion of rent that can be allocated to lot rent and if you have to value the homes then value those based on shell value or what you can comfortably sell them for. 

Of course rate and terms are something to consider but knowing they can perform/close and protect your reputation in the process is key.

Bad strategy as waste of time and could lead to mugging.2) Are the plumber, electrician and handyman properly insured to protect you if they get injured on your property or injure a tenant?

My favorites are are local here in Milwaukee, I have basically all national lenders blacklisted, because they all suffer from the same systemic problem: unfamiliarity with local issues, call center mentality and being out of reach and touch.

This would mainly protect them against tenant slip & fall lawsuits.Agree with everyone else above that they should not be asking you to provide workman's comp insurance - that is their problem.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

You may want to consider other deed types so that you get greater assurance/protection of clean Title and a Title Insurance policy.  

I have already done everything to get my business set up legally and protected.  

Most sophisticated investors use an LLC when they acquire assets to protect themselves against any liabilities.

I had a similar situation and and even with an order of protection they were allowed on site to get their stuff