@Isaac D.Are your intentions for this new property to be a primary residence or an investment property?

Depends what the intent of the property is - if you are going to flip it, will go on your balance sheet as inventory and any costs associated with improving or rehabbing the property will be capitalized to the cost basis of the house (roof, walls, bathroom, etc).

In order for a property to be eligible for a 1031 exchange your intent must have been to hold it for productive use. 

Approach existing clients with the prospect of me renting their home with the intent to sublease it as a vacation rental. 

I plan to buy the property, the reason I am asking the questions is to get all of the information with the intent to close on the deal and ensure I am not missing anything. 

You bring up a great point though and I will definitely clarify my intentions with my lender to avoid any trouble down the road. 

To add a bit of color to @Chris Mason's comments, you could likely employ a property management company, so long as you had the right, and intent, on using some of the days yourself. 

The section 8 tenants have been in the mobile home for 15 years and have no intention of moving, if the numbers work out then I will most likely be putting a contract on it no rehab necessary she said the only thing it really needs is a water softener.

Dave was also spot on about their intention to keep things as simple as possible.

Some communities here in the western suburbs even have 5 and 6 units that were built in the 50's and 60's with the intent to be owner occupied.