Please take it easy on me, I'm not trying to plug my service here, just looking for some insight into the industry.

I would call your local planning and zoning office and ask about this to make sure the property is properly zoned and fits the initial criteria for multifamily.

Call or email the local zoning dept to ask specific questions.Out west of the city, Gaston County is no longer permitting mobile home parks proper, though they do allow mobile homes to be place on individual parcels of land.  

This makes it easy to accept or reject their application.

Okay, I found a property in my town, great location, 1900 sq feet and I think it will rent easy for 1k. 

@Logan LindstrumOption 1) is the safe and easy babystep version and Option 2) is the risky and sizeable version.

I'll definitely make sure I have easy access to cash in the event I have a big outflow.

Their plan is to move out now and repay the missing funds after they receive a settlement from a slip-and-fall they had after the HOA didn't properly maintain the parking lot which turned into an ice rink last January.I'm trying not to gouge anyone going through a REALLY rough time, but what is the process for collecting the back rent from Mom & Dad and/or The Daughter?

Facebook marketplace has made it so easy to find good deals on appliances. 

Managing from a distance is easy if you have people you trust around.