@James Park I have been teaching English in Korea for 4 years.  

Funny, a guy on the trading desk here at work just bought a "mobile home" in a park by the beach as an investment....we'll see.

Is your offer out the ball park?

I am having a hard time figuring out if its worth it considering some parks and condos are 55+ and sometimes have rules about "flipping" or renting out units. 

Each building is on its own "lot" that is owned, but all the surrounding land (including the parking lot that is used by all 3 fourplexes) is part of an HOA that is an easement. 

That is one of the highest crime areas in the city, as shown by a recent news report by Fox 59 (link below):http://fox59.com/2014/10/09/public-safety-official... 

Don, You shouldn't even need the agent's help, you should be able to search the official records of your county and find the seller's name, and then Google that name.

As for terms, he said it was 3 years, and a ball park interest rate of high 5's to low 6's.

@Dan Bosak I have never bought homes in the parks for only owner occupants.  

I have just parked money there between projects/investments because of the ease and returns - and I actually enjoy doing analysis and due diligence on deals across the CF platforms, whether I invest or not.