My reason for using BiggerPockets is to learn as much as I can, help others learn when possible, and meet other like-minded individuals.

one thing we had to deal with though in our area is rent control..its a great business and well position quality parks on city water and sewer are about as bullet proof of cash flow investment as one can make in my mind.. once the coachs are there they done move. especially if they are pit set..

Thank you Joshua, I will keep them in mind.

Obviously deals are out there and hard to find at times, but any advice on deal hunting as well as things a newbie might not be keeping in mind.

You never know what could happen, that way if necessary you can start the eviction process right away if they change their mind.

you can do that in the mid west or other low value asset areas if you want to scale up and be a landlord for a job.. you see that a lot.. but not on the west coast.. waste of time in my mind unless as stated your simply investing your small business or professional fee's or other money you make in your day job.

Store this event in your mind and if she pulls any future shenanigans like this then don’t renew her lease 

It sounded like you would have enough to cover either loan type and that's why I wanted to bring up the conventional option.Keep in mind under both options you will need to be a mini-project manager. 

A few things to keep in mind when owning the property and allowing this is to cover yourself with the right insurance.

Business mind-set to ensure you can handle problems without getting emotionally involved.Those are just a few starters.