*Make sure you pick a market with very landlord favorable laws as well- you want to be able to remove people at a low cost if things don't go well & you want tenants to know how easy this will be for you before they move in.One other thing everyone should do when selecting management: ask for a fee schedule for a variety of different types of service calls, and ask for a scope of work or two for some unit turns they've done so you have an idea of what to expect for maintenance and repair costs.

Usually, there will be landlord/tenant law specifically for those who own manufactured homes renting on someone else's land (aka the park).

I have since found an attorney who specializes in both real estate law and estate planning.

Hand it to them or post it on the door - it matters not per law.

Now this market will turn into a rental market as the added restrictions states are imposing will have those who own rentals continue to flourish and middle to low income Americans almost no chance or owning a home between the coasts

Insurance is confusing as there are so many variables and decisions contingent on an investors risk tolerance, portfolio and market location.I urge anyone to ask their agent how their policy will reach to some of these claim examples because all policies are not uniform in coverage and all state insurance laws are not the same.Based on all of the above comments, keep these items in mind;- Some insurance policies will have a Coinsurance clause, which will penalize you for insuring for less than the Replacement Cost. 

From my understanding, more than most other markets.Having a property manager who not only knows the regulations and implementing them, but keeps up with the latest laws would be beneficial.  

You're in a very tenant-friendly state, so read your landlord-tenant laws and follow them carefully. 

I suggested to her that we buy a home for her father (my father-in-law), have he and I do the rehab, and he’ll live in it after rehab, we should be able to get a small amount of cash flow once done.

If your investment horizon is short, be sure verify that your state's homestead laws and bankruptcy rules won't allow this co-owner to exempt this home from debt collection.