I am not sure who is going to win in this case.

I don't know anything about mobile homes, but I would bet that mobile home investing would be quite different in CA than NC.

Not saying they would win, since Muni Water districts would be ultimate defendant but landlords always get named and are forced to hire legal.

I bet you and I have lived and played in similar neighborhoods.I am an active investor and always in search of good properties. 

I run all expenses through the LLC bank acct, you bet.  

( here is how good transactions go down)  Most win and some lose its a investment and most can be controlled if you follow the correct processes ...  

I'll bet you'd consider that :-)I agree, but I exhaust ALL options to locate decent deals.  

I would bet a vacation rental would do well.

I wholeheartedly believe that nothing works in this business unless it is a win-win.

Here's the essentials:~900 sq.ft 2/2 condo w/in unit w/d - Mount Prospect, ILcurrent tenant signed a lease 8/1 - 7/31, just asked me if he could have out 10/1.$1150/month rent - about average for the area$67k left on a $73k loan @ 5.75%, appraises at around $90 (so 25% LTV) - $900 PITIcarpet will likely need to be replaced after this tenant leaves - had 2 large dogsall major appliances ~7 y/o and in good working orderI bought it in '09 - it was my first home purchase - and lived in it till summer of 2012.