Overlays are the extra rules that banks put on top of Fannie/Freddie loans to limit their risk. 

Looking to use creative financing though because I'm not interested in dealing with the banks and their stringent rules.  

See if their total numbers are anywhere close to 50% rule. 

@Austin Hendrickson, @Tony Kim I don't see that requirement in the actual bill where you can the find the link here:  https://www.congress.gov/bill/115th-congress/house...Special rules apply when capital gains are used to invest in an OZ Fund but nowhere does it specifically state that capital gains must be used. 

The liquidity requirement varies from lender to lender, but  the general rule is 10% to 20% of the loan amount.. so, If you’re wanting to borrow a million dollars, you have to have at least $100,000 after closing; $150,000 or $200,000 is even better. 

I don't have a 100% rule, but if there are multiple judgements for collections on there it's almost certainly going to be a no. 

I’ve found a few that are already tenant occupied and I only analyze them if I see that the 1% or greater principle applies.

Except that no exemption applies to any real estate licensee.In other words, these things really do vary by locale.

If you insist, you will want to talk with the park owner before proceeding as they make the rules there and will have the power to approve or deny your prospective tenants. 

Books/audibles that have helped get the mindset and technicalities at this point are:Long Distance Real Estate Investing by @David Greene How to Win Friends and Influence People 12 Rules to LifeRich Dad Poor Dad Think and Grow Rich [GAME CHANGER]Might I add that I was never much of a reader...?!