@Arnold Finkelstein You may want to check with your local manufactured housing association.

This can get pretty complex, pretty quickly, so just keep that piece in check for audit documentation and make sure you have good records on all of it.

Many are not aware of this.

I am attaching here a picture of the lease, of course keeping in private some information.

This is assuming things go almost perfectly.

Since your OOS it's not your concern the PM deals with it, stay out of it. 

This will be a long distance BRRRR (I'm located in California).I've got 8 turn-key SFRs but now want the money to work harder.Do out of state BRRRR investors have tips on getting started and/or pitfalls to avoid?

Do you have a Bank/Lender already that if going to be offering the construction financing or are you paying out of pocket?

I just simply still want to service my accounts here on Long Island so I would probably stay at my moms house for a few months out of the year.

Use HML to fund renovations• During this time, pay holding costs OOP (including P&I with PMI), any left over money can be used to build up next savings fund5.