@Christopher Coleman Run all the numbers in the calculator to be safe.

I am looking for more understanding on how Property Taxes work when you buy, and when you sell.  I recently bought a property for 3150.00 at auction, put about 2.5k in it, and sold it for 10k, and in the end lost abou...

If this is a second mortgage, is it safe to assume that there is a first mortgage?

These products usually move a little more slowly than a fixed asset so they can be great fail safe identifications for a 45 day identification list.The biggest obstacles to these in general are unrealistic investor expectation of return in the wholely owned sector. 

I have found so far that owners are much more willing to negotiate a better price if you offer cash and a quick close.

Is it safe, sound secure etc?

If they are professional, they can explain this quickly and easily.

If you can rent them for $1500 a month the math works. if you build them smaller, your cost per unit goes up, because the expense is in the kitchens and corners, not the flat floors.For quick reference here is a cost break down for new construction, look at the bottom line, cost of building a SFR has more than doubled since the 90s.  

Hi @Andre Osborn you can always use the BiggerPockets calculators via the website or if you're on the go, I use the DealCheck app on my phone for quick analysis.

MOST parks will not even consider letting an investor do rentals there as renters can lower the quality of a mobile home park very quickly.