Hi all, I’d like to give a brief introduction(skip if you want).

You can do a subject to transaction but that is not legally assuming the loan.the banks got rid of assumable mortgage long time ago. 

@Mindy Rosscup, you want a contract that is specific to the laws of your state.

Some states allow the owner to hire employees to work on their behalf.

Listen to as many of the various BP podcasts that you can, go back and listen to some older ones as well.

@Samantha SueroWelcome to Bigger Pockets.

While I am not new to REI, I am new to mobile home /parks investing.

Is it possible to talk a few mins?

Another thing to consider is if you want to setup "single-asset" LLCs that only over 1 property to further limit your liability.

Some lenders may also want to see law and ordinance coverage in your insurance and perhaps a rebuild letter from the city stating that the property could be rebuilt as a residential 4plex if destroyed.