mobile home investing is a very great way to get into real estate at a low entry cost and high reward. what I love the most about it is that it is a gateway drug to owning mobile home parks. when a bank or hard money guy or gal asks you well I see you want to buy this mobile home park but … what do you know of mobile home parks... you can say well I own several homes in parks In the area and here are references for you to call that I have worked with. 

State explicitly in your rules no parties/no illicit drug use.

Blood & brain matter was still on the bed & mattress....Drug addiction will put people in crazy situations.

This once drug home, with grease all over the walls and doors without knobs is about to come on the market!

Any creative financing ideas that would help alleviate the immediate cash need? 

I too am curious about the implications regarding insurance, statements, and seller credits at closing.With regard to the bank statements portion, designating and third party servicer to whom you send your monthly payment, who then actually pays the underlying mortgage and provides an accounting could help alleviate those concerns.

A coworker lives in the area and said it is drug infested and cops there all the time.

Good fit drug addicts though.

Do you have an illegal drug clause?

Of course the title company would suggest foreclosure, it alleviates any payment from them.