It seems like a deal killer cuz even if u get the mobile home for 4-6k and try to resell it and carry the note and finance the customer with rent they pay to you plus the lot space rent, your now in the territory of rent u would pay for SFH but your in a trailer.

I see non performing notes as a dangerous investment for the casual investor.

In fact, the northern part of Illinois, including Chicago, was originally part of Wisconsin territory.

A few days ago in my post history is a comment that started with "Danger, Will Robinson, Danger!" 

My favorite quite:“The greatest danger for most of us;Lies not in setting our aim too high, and falling short;But setting our aim too low, and achieving our mark."

It allows you to write an offer which protects you in just about every way from any form of damage or danger.

Yikes, as a newb, I didn't realize I was in fraud territory.

Part of a investors job is to learn the territory for many reasons.

My attorney would probably advice it would be dancing dangerously close to a deceptive advertising practice.

This isn't a requirement for anyone and I suspect is very dangerous during bleak economic times.