Good climate, close to beaches and mountains, friendly people, and business-friendly governments.  

Most banks and government entities do not let the agent they list with to represent both sides of the transaction.

For people traveling through the southern most counties, it is clear that there really isn't much of an economic recovery. 2019 Proj Total Housing 546,9665.18%2014 Proj Total Housing 520,0092010 Census Total Housing 442,2112010 Census Occupied Housing 389,06488%2010 Census Vacant Housing 53,14712%2014 Est Median Value of Owner Occupied Housing 103,5852014 Est Median Gross Rent 6902014 Est Owner Occupied Housing 268,89862%2014 Est Renter Occupied Housing 166,97438%2014 Est Owner Occupied Housing Vacancy 2.44%2014 Est Renter Occupied Housing Vacancy 8.07%2010 Census Total Households 495,358The biggest employment sources are: government, manufacturing, health care, retail trade, and accomodation/food service.

I am trying to figure out if there are permits/regulations that aren't present for a mobile home that are typical for a house that would stop me in my tracks. 

If the landlord allows the co-tenant stay-on under a {new} periodic monthly lease, it is an agreement to which you are not a party.If in-doubt, you can contact an attorney; the branch of the state government who overlooks tenancy matters; or a tenant advocate group.

Now you need to sit down and take the time to learn all your state landlord tenant regulations so that in the future you do not make any more mistakes when dealing with tenant issues.

I don't know why it is surprising me so much that government has found another way to get more income, but it just hit me wrong.  

The GSEs ( government sponsored entities) like Freddie Mac and Fanny May were designed to help individuals not businesses.

Sadly,  the government is an irrational force in the market so we can only guess how that will play out.

But in the case the bank approves your deal, they would roll the rehab costs into the mortgage amount, and required down payment/interest would be based on the entire amount.You would probably have a better shot at getting property loan+rehab funds from a smaller bank or local credit union, since most of them are not tied into Freddie/Fannie Mae loans(Government sponsored, with stricter rules/regulations).