I am conflicted on what is best as I see good and bad to doing either.In park name - easier to manage administrative work, ensure taxes are paid, easier to recover if owner walks away or quits paying park rentIn buyer name - they pay taxes, if home is damaged would seem to limit park's responsibility, no insurance costIf value of the homes is an issue, the mobiles in question are of low value $2-10K ea.Again, looking for the industry best practices on this.Thanks!

LandlordsFor many landlords of homes, they want tenants that are neat and tidy, pay the rent on time, and don’t call at 2:00 am for backed up toilets.So I generally act like a prospective tenant and walk through the property.Most do-it-yourself landlords are very sophisticated, business like, and I just use this “one what if statement with them,”“Bill let me thank you for walking me through the property, looks like it’s in great shape, I just have one question for you, and if you say no to it I understand, but if you say yes then maybe we can talk about it in more detail, so here’s the question,“What if I could get you 24 payments at 1100 dollars which is what you want for the rent, and then you would allow me to buy the house, at a price that you can live with, and at a price I could live with.With that be something we should even talk about or maybe not?”

"the risk that you would take in such an arrangement is complimentary to the risk that the seller is taking in trusting the buyer to protect his credit by actually paying the bills" and that's where we as investors have the option to walk away from a deal when our position in any investment isn't secured. 

The inspector at the time basically walked thru the house, gave me a "all good" clearance, a list of scheduled maintenance and charged me $500 dollars.

It seems to me that as long as we have the seller, buyer, and a walk away clause in the contract that an investor would not be needed.

@J Scott also has a couple of blog posts here on BP which will walk your through some of the basics of discounted cash flow analysis.

I'm not saying walk in on the site but pass by and try to follow what is going on.  

Plus, with no skin-in-the-game from you on this deal, why wouldn't you walk away the first time stuff hits the fan (it's real estate, stuff happens).  

But she did miss the 20x8ft walk-in closet I built for my daughter off the master bath over the garage. 

Hello Folks Heres the deal (no pun intended) i'm a realtor and every once a while a client walks into the office and is a tenant and their landlord has abandon the property. in this particular situation the landlord who left the property isn't the owner but his son the actual owner has passed away, so my client who walked in says shes has been having a hard time with the son who hasn't done much to up keep the property and has just been taking the rent till one day he decides to up and leave. so now shes looking for a new place to rent but now the same time this 3 family home sits vacant shes the only tenant till she finds a place.