http://www.housingwire.com/articles/print/35087-fannie-mae-lenders-say-its-now-easier-to-get-a-mortgage"For the first time in seven quarters, we see a pronounced increase in the share of lenders, particularly medium- and larger-sized lenders, reporting on net an easing of credit standards in both the GSE eligible and non-GSE eligible loan categories,” said Doug Duncan, senior vice president and chief economist at Fannie Mae. 

David Dorman | Senior Mortgage Consultant | NMLS# 1015476Edge Home Finance | www.EdgeHomeFinance.com 4510 W. 77th St, Ste 380 | Edina, MN [email protected]: 952.426.5194 | O: 612.294.0365 |F: 612.437.4769

Many of our tenants are retired seniors and prefer the telephone or talking in person.

That part of your post I agree with and applaud.But that same Republican legislature that you give the credit for it doing well also added taxes on pensions for seniors.

Hi @Craig Jennings and other readers,Great to see you are interested in mobile homes as investment vehicles.To add a few comments and questions:If you plan is to purchase and rent mobile homes with attached land inside senior housing deed-restricted communities (aka, senior parks with land) than you will not need a license to purchase homes and rent them or sell them.Some parks say no rent and other parks do not mind renting as long as your tenant becomes approved at the park.Tom gave excellent advice to become as familiar as possible with this business before getting started.

Tenants will pick up on the fact that you feel they are a 2nd class citizen and resent you for it.

Oh section 8 authorities HUD guidlines give them number of days to show their PROOF that these 3 people are "Guests" there and not "Unauthorize occupant"And once they cannot prove that, And let see, what worst is IF these 3 guest are newly immigrant people that just come from Vietnam and not U.S citizen yet or are not permanent residents here in USA, then the neighbor even get more in trouble.But I think they are, I hope they are U.S citizen too so they can go to welfare right now and get money for that infant baby, HAHAHAHAHAHAA!!!!!!!

Many countries are tightening money restrictions on their citizens flowing money into the U.S. so it's creating a frenzy for foreign investors to move money while they can.

None of it is too much extra paperwork.If your Section 8 residents are Seniors then you should be fine, if they're not, then expect the extra costs Jamie mentioned.

Here's a story from one of my local group's senior leaders...People often ask why the marketing side of Renatus is important - why not just do deals and not piss people off?