The CPA told me that it would lose value (but I really hope he was thinking about mobile instead of modular) so it got me to take a step back. 

don't forget about mowing, snow plow/salt, some turnover, taxes for your manager/workers comp, free lot rent, money for your management time, accounting software, LLC set up cost Your going to have more of a greeter in a park like this, which would be free lot rent only and maybe $5 a lot...smaller parks have really thin margins...if you have 2 tenants move out, die, leave town, get arrested, whatever, you then lose 14% of your tenant base and monthly income for the property, get to 5 tenants and your at 40% which could throw your loan into nonperforming very quickly unless your willing to come out of pocket on something like thisjust to show your top gross revenue will never equal 40,000(210*14*12=35,280)just do your diligence and i wouldn't pay more than 200k for something like this...and thats a stretch or if there willing to carry some of the papersomething this small, don't turnover to a property management company because they don't know what their doing normally with a park like this and their going to charge 10% of revenue probably.

Hello and welcome to this site Harjeet! 

The big unknown for me is what documents do I need published on the site?

. - The reason i have bad credit is because of long time medical bills, and I bought the house last year from the owner who was losing it due to taxes.

Yes, they may lose out to someone who waives inspection, but far better to lose any one deal than to drop the inspection and and lose their shirt because they get ambushed by big, unexpected repair items.I never suggest "loading up" on contingencies. 

If you are renting your home and you lose the tenant, you are at 0% occupancy.

They bid up the properties to the point where there is no margin left even at an all cash acquisition and then proceed to lose their @$$. 

Much more highly regulated.Start by logging onto the RTA and LTB web sites to learn about tenant/landlord rights.

I am working on my own and have no one to accompany me to sites when I am assessing a property.