But I am looking for advice on how much work this would take considering likely tenants that are not cooperative and myself having virtually no experience.

If somebody is willing to sell their property virtually nothing, there may be a reason behind that (e.g. - they may literally be crazy, or perhaps they don't even own the property in the first place).

I hope that this head start that I have will enable me to be a successful and prosperous investor!

Bigger Pockets is like one big virtual mentor.

Depending upon your state, using a broker or HML will enable you to be a note or pool investor without having to become licensed -- an entirely different discussion but something you should consider.Also, with regard to your question about investing locally, since you posted you have money to lend, if it hasn’t happened already, be careful of all the anonymous internet solicitations you’ll now receive from those happy to borrow it.

This was given to me by @Ned Carey:"Welcome to BP @Justin TrowbridgeTo help you find a mentor check out How to Find a Mentor(http://www.biggerpockets.com/blogs/3225/blog_posts/26426-mentor)However BP is like on big virtual mentor.

Financing for manufactured homes in parks is virtually nil, so it is cost intensive to find and bring in units and there are few cash buyers so you will have to rent or carry the financing costs as well.

He said the other investors are able to pay larger fees because of the price range of the homes they buy and the larger amount of profit they make from the deal, which will enable them to pay bigger bird dog fee compared to another investor who only stands to gain a much smaller profit.

I have run the analysis with all the research that I have done and so far the numbers work, yet I am not sure how to set up the debt.I virtually have no downpayment so I am trying to raise capital for it, but I am not sure if that capital can be use immediately or if it has to season before I can use just like it needs to season for a residential deal.Also, I am not sure what options are out there for me to finance a commercial deal like this.

Daniel: that's virtually free money, and one of the smartest things you could have done for your investment.