It seems we have a few things in common, being that you have played online poker for awhile, and now your interested in REI.

Around my area the land cost hurts the 2% rule; most land around where I live is not owned, "lot rent" is pretty common.

That's why its common to use a rule of thumb, like 40-50% of rent.Even without a lawn to mow, you have other exterior issues.

That is one common thread I am finding on BP!!

Those sound like quite common things to see if you attend auctions regularly.There's usually at least big fish that wants to knock any newbies out by driving the prices up.

I stumbled on your post here today and realized we have a lot in common - I also live and own property in regent square and have been for the past 4 years.  

More common place in suburban to rural locations where the laws are let slide sometimes with the good ole boys network.If you go in front of a judge though with this you can get hit with thousands in fines.

The duplex idea is not common in Denmark, so it never crossed my mind.In just 4 days you BP members have been a great help.

Hypothetically then, I'd suggest you not buy a MH in your area and deal in properties fit for conducting business with the assets you have available, that meet common practice and the reality of where you are.

The most common way we document no property liens is to get a copy of the insurance declaration page, there will be a spot for lien holders.