Start with calling the planning dept at the city to define the zoning and allowed density 2.

Looks like the petrodollar deal just expired and Saudi Arabia has said it does not plan to renew... what are your thoughts on how this will impact real estate?

Local planning department.

You need a relationship with your bank for MHP funding and the big banks aren't interested in your life plan- despite their commercials.

There are some other extenuating circumstances that allow one to use more than one FHA loan at a time:- Relocating to an area beyond reasonable commuting distance to your current residence or affordable housing is not available - Leaving a jointly owned property to buy a home, and co-owner (such as divorce) plans to remain in the home.

The game plan is to acquire the land and build a vacation home to become a vacation rental.

Monthly Expenses and Cashflow:- Principal, Property Taxes, Home Insurance: $1,446.38- Property Management (12% of Rent Price): $358.08/ mo.- Monthly cashflow: $1,179.54Obviously these are rough estimates, but I feel that I've given myself enough buffer throughout the calculation/ analysis that if there are any unexpected expenses, I'll still be able to cover them and have a property that Cashflows a decent amt each month. 

Do you have the proper insurance? 

If you are buying it as an investment property, you are buying it at a much higher rate than a traditional owner-occupied loan so you must be in a primary residence now and are just planning a just-in-case scenario.At first, I thought this was a no-brainer answer as if you can do whatever you want, but those investment loans are banking on the income projected as part of the collateral for the loan so it's a good question.A seasoned lender or someone who has had to move back into one of their properties will get you the best answer.

Planning to do on-market deals, talk to real estate agents.Don't really know how the contracts work, where to get them, or what to put on them.