Hopefully it won’t be too long.As far as your idea goes, if I’m understanding it correctly, you have located an RV community that essentially sells RV lots instead of renting them.

Apparently she went to stay with a friend after they broke up but came back and said she was on the lease and he couldnt kick her out (technically correct from my position).  

My question about this topic is regarding the last part of the article where they said that the loans were batched into two pools with each going to a different bank, with bids due by June something-or-other.

Just don't invest in areas where they bid down the interest rate to 2% (or even less). 

I've been told I probably need 20 to 25% equity to accomplish this.Does anyone know if this is correct?   

Thanks so much @Ryan Blake, so I understand correctly even to represent yourself you still need to hang your licence under a broker for the first three years?    

It must be evaluated that way to determine the correct Value using NOI and Cap Rate.  

I love the BiggerPockets communityYou are correct.

In addition, let's assume that all other expenses were correctly estimated including property management fees (10%). 

Yes that’s correct if you do not plan to actually live in the home.