They did multiple tests for the previous buyer that said the foundation is ok. 

I suspect the infected tenant will quarantine themselves but really, there is no way to know if they do that and probably I ought to expect they won't.I am happy they had the courtesy to inform me they tested positive.

Before you even consider this deal, run a test ad in the largest metro paper that this park would serve.

Do you recommend getting “the works” pack which includes a “test prep seminar?”

Of the 978,915 Angelenos who have been tested, eight percent have received positive results.

My idea was to use somebody else's money to purchase, then either flip after rehab if the price is right, or rent it out to build experience as a landlord.I am currently analyzing deals daily just like doing homework for the big test.

Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

Any options for people assuming a good scenario in terms of credit, DTI, stress tests, seasoning, etc?

If you're not in the business of doing it on a continuing basis then it's capital gains // schedule D rather than self employment income // schedule C. https://www.hrblock.com/tax-ce...There might be some multi-factor test from the tax courts or something about it.

From those calls, you will have learned what your competition is related to lot rent, the sale of homes, how many POH they have, and what incentives you may have to offer as you sell homes.Next, you can advertise a home for sale yourself as a "test ad".