Learn the different mechanisms but do not become an imitator.

What you have described could be summed up like this: develop a mobile home park, place new mobile homes and Lonnie deal them.

Here's an analogy: As part of most people's mobile phone contract, it is stated that if the subscriber terminates the contract early, they will need to pay an early-termination fee.

However, with the Mobile Home Park listings you can find some quality listings placed by Owners.

In the past finanicng mobile homes for the investor has been a problem especially for the investor where the home is not real estate but titled property.

This will be my first note purchase so I hope it goes well.I have been looking to get into mobile home investing for a while now.

Inspections begin from your initial walk through before you make your offer and specific inspections, roof, mechanical, electrical, plumbing, etc will be done after an offer is accepted and make sure your contract is subject to inspections.

It is hereby agreed that such condition shall be for the exclusive benefit of the Buyer and may be waived or removed by it at any time during the Feasibility Period by delivery of written notice tothe Seller.Seller shall provide to Buyer all of the following information and documentation (hereinafter called the Review Items) to the extent that it is in Seller’s possession, within five (5) days from the date of execution of a Purchase Agreement between Buyer and Seller:a) Copies of any and all ground leases, residential leases [which shall be made available to Buyer at the Property], easements, land use restriction agreements (if applicable), deed restrictions, liens and deeds of trust, and any other documents encumbering the property.b) A complete set of as-built building plans and specifications of the Property and all improvements thereon, including all structural, mechanical and electrical plans andspecifications, to the extent in the possession of Seller;c) Copies of any and all existing soil, environmental, structural, mechanical and other consulting studies or reports pertaining to the Property and any improvementsconstructed thereon which have been completed within the last three (3) years, to the extent in the possession of Seller;d) Copies of all financial statements pertaining to the operation of the Property, including income and expense reports for (a) the last three (3) full years and (b) each month of the last twelve months, to the extent in the possession of Seller.

I would recommend starting out investing in the used mobile home market.

I have recently researched Lonnie styled mobile home investing extensively.