What type of lease is the tenant on, MTM, Yearly, 6 mos, etc.

She passed away last year, and while going through the papers she left behind, I saw that she was studying Subject To and Lease Option.

I also would like to do a lease option with the tenant that's in the home now. 

Otherwise, there are so many ways to slice the real estate pie that it's just too easy to get distracted by next thing (short sales, lease options, pre-foreclosure, etc.)As far as connecting with other investors, you can do so here on BP of course, and you can also check out local groups such as Black Diamond REI in Massachusetts or RIREIG in Rhode Island.Also check out the BP Ultimate Beginners Guide especially the sections on networking, finding mentors, etc.

I do not know exactly how lease purchases work but any advice would be great so I don't get into one of these deals the wrong way thanks! 

Any specific language that I can include in the new lease?

Would it benefit in terms of pro tax, insurance, hoa, utilities (if included in the lease) to be written off?

Included should be professional photos, marketing on all avenues, showing the property, they have an application, they present applicants to you for approval, they generate the lease, collect funds, and provide keys to the new tenant.For turnover, I recommend have the realtor visit the property and create a condition report, which reports to you just that, but you want to know what needs to be done to the property to get up to rentable condition again. 

Most of our manufactured homes are buy and hold or sold on lease options and have worked very well.

As most of us know, Section 8 requires an inspection before approving the property, setting the rent amount and approving the lease arrangement.