Now I'm not sure if that is due to the nature of our business as the credit unions purpose and mandate aligns to the industry broadly, or if it's just something that they were able to negotiate.

@Demjan Van Der KachThere is a wide market for alternative investments.

The life will depend on the nature of the repair.

Hmm... thanks for the reply.I suppose it depends upon what the phrase "substantial consideration" means in the context of enforcement actions since the passing/amendment of the statute.I would not consider interfering with the natural right of individuals to contract freely to be "addressing" anything.

Since all of the mobile homes in the park are owner occupied, your lack of concern about their age is natural.

Alternatively, private money or partners work well as well.

And the guaranteed bit is key too ... sufficient margin of safety must be maintained on the non-risk-free alternatives or else when bad stuff happens in the market then really bad stuff will happen to you as an investor if you lever to the hilt without any margin for error.

You are 100% relying on other people to handle the situation and rely on the facts that provided by other people and they could be "alternative facts" lol.

I guess seller financing leaves me vulnerable to Dodd Frank rules where I would eventually need to find an RMLO.I am also looking at lease options as an alternative method to essentially owner finance the mobile homes to buyers.

Would it be worth trying to do a subject-to, or refi, or some of these other alternatives.