Construction loans are generally a future advance note as an example.It becomes an accounting function as well, is the note holder creating a new loan paying off the old loan, which is common, in that a new security agreement must be made.

If you have stuff in place and functional, I wouldn't spend money to change it... allow them to ruin it first, then replace it!

Functional obsolescence of MHP's?

Plug your loan amount, term (number of payments), and interest rate into Excel (PMT function) or a financial calculator and it will spit out the payment. 

That being said, it does not mean you will be unable to obtain land parcel data for your area of interest.Assuming you can get the data, my understanding is that GEP allows the visualization of a .shp file and some limited querying of its database.  

FCI exchange is a good example of an escrow function for notes. 

@Joe Kim this topic has been discussed pretty thoroughly on the threads already - just use the search function and you'll find many comments to help answer your question.Here's the latest thread that I've seen on it:http://www.biggerpockets.com/forums/52/topics/171149-oil-prices-dropping?

If you have an outdated but fully functional property, it will have a lower ARV than a modernized (and fully functional one).  

Perhaps I'm making a bigger deal of this than I need to or quite honestly I'm subconsciously afraid of the unknown which inhibits me from functioning properly.

Listening to the podcasts, reading the blogs, using the search functions to find topics or answers to things you may be interested in, getting plugged in by posting and answering questions are all activities that gets you off on the right foot.