Standard ones are available online.

I joined this community to learn about real estate but more specifically how I can use real estate to passively increase my net worth.

Or who is leasing the unit.There should be a standard form that can be printed and filled out.

Your's will have to be re calculated and increased accordingly to positively impact your ROI and cap rate.This is where most MHP investors fall far short of the mark.

I would go for the 3rd unit because you're going to be increasing your income and cashflow plus long term you'll have increased the value of the property by X amount of dollars which you could then apply to another property or toward those loans.

Always better to do a good job of defining the things that are unique to your situation even if you use a standard agreement of some sort.

This significantly increases the asking price because it brings the gross rent to around 145K year(Triple Net).

Think of it this way...Just buying a rental property = 400.00 cash flow + 400 equity each month = 800.00 a month increase in worth.

Get a certificate or letter or something confirming that the removal was completed on x date for this address, permits were gotten, inspections completed, and the whole process completed to DEP standards.

I would be careful about always filing claims for rate increases and or dropped coverage.