Post pictures of your problem for more accurate solution.

I want it for sure and if its an out of state lender or mortgage broker I have never heard of I will check them out.. and in some instance not accept the offer unless they use one of the lenders I know personally can perform and their Prequal letter is worth a Sh$$$  ....

However, the reason why MHPs are considered the favorite asset class to weather a market correction is because they have the ability to continue to perform through tough economic conditions. 

The process varies depending on how you obtain and whether the note is performing or non performing.

That's actually my preferred price area, better performing than both above and below those ranges 

Have zoomed in at a couple that fit the profile and financial performance.

At that point you would have three items 1) your adjusted basis 2) your depreciation recapture (25% tax IIRC) 3) your gain (taxed at 15-20% IIRC).Your basis throughout the years will change as you decrease it by taking depreciation, and increase it when you perform improvements which will then be depreciated.

This all comes down to momentum and performing some or all of the above tasks in a consistent manner or a long period of time (greater than 6 months).  

Seems like it would be best to call the bank and tell them you want to find some one to pay off this under performing note.

They have said themselves that it generally is 20% off one way or another and even counting for that 20% tolerance it is less than 80% accurate.