When you buy a community with a high level of park owned homes, you suddenly find yourself in the apartment business, which is quite different from the MH business. 

Then the credit crunch happened and my card stopped working all of a sudden.

But by the second quarter of 2008, the share of seriously delinquent mortgages had surged to 4.5 percent.

So people are willing to essentially break even (or who knows) p in the Tnote knowing they can cover debt calls with them instead of losing millions/billions to suddenly illiquid investments?

No bill has amounts over $12 until this year with a sudden $710.

I find that a lot of people who "suddenly lost their housing just today" was because of their own fault either actively or passively.

I imagine you need a cellphone for your rental BUSINESS, you need internet at home, you probably use an iPad or a computer, you should probably have your taxes done by a professional, suddenly all these things come off your taxes.  

I’ve been flipping homes in the Northern Virginia/DC area for the past 17 years and have no desire to get surprised by a sudden market downturn.

The last 2 units are coming online right now and we're suddenly considering AirBnB vs. long term rental.

Expected lifetimes are useful for long term planning, but failures or sudden tenant moveouts can happen at any time.