The 2% inflation indicator is measured via the Consumer Price Index (CPI) which is controversial (https://www.investopedia.com/articles/07/consumerpriceindex.aspthere are many articles on this, but here’s a start) because this tool is believed to do a poor job capturing true inflation numbers and has been “adjusted” by the government numerous times over the past decades because they felt it overestimated inflation despite many other inflationary measurement tools indicating just the opposite, that is grossly underestimates inflation.

Owner occupied properties are highly regulated by Dodd/Frank and governed by the CFPB. 

If you're looking into the legal aspect, you can try contacting the local government entity in charge of titling mobiles homes in your area.

I'd also be careful assuming the market is going to cool down - depends on who wins the elections AND what the government will do in terms of pumping money into the economy (if that's the case, we could see inflation and that will not bring the prices down... 

This is a beautiful gift from the government! 

The government has created a hostile situation for landlords when tenants are not working.

I have never accepted section 8 or been registered for any other government program.

@Danica Estrada, when you get a government loan, whether it be a VA loan or an FHA loan, the appraiser is technically required to address the legal use of the property.

I am new but I am looking for someone who is not going to be a problem most of the time. ... college students, families, singles, etcHi Mark,It depends on your property class and location.Turnover is a big expense, so trying to limit that is intelligent.You want a renter(s) who you think will be long term renters and can pay the rent long term (and not damage the property).Many people use a mix of credit scores, criminal record information, employment history, and past landlord referrals to try to limit their risk in this area.It's also something that the US Government has a say in as far as what is considered housing discrimination, and it's intelligent to follow their guidelines as well.Just my 2 cents. 

I'm a government employee with one rental and a primary residence.