Do a counter claim for the fire damage caused by the tenant, just in case you will be told by the court to pay something, the counter claim will help the court determine final figure, they will decide how much the tenant will owe you also, ie if the court sya you have to pay the tenant 3k, then if your counter case wins 4k for the tenant pays you 1k, something like that.Consult with a lawyer when you do something, pick their brain so you will be ready to defend yourself.Another option is to have a paralegal look at your paperworks before appearing, much more cost effective, specially if they work on a lawyers office and don't run a paralegal business.

In between, I drive by every property monthly to make sure everything appears to be normal.And if I take someone who's maybe a little questionable I will do 30 day inspections for 3-6 months to make sure I'm not breeding a problem.

Mobile home parks do appear to have higher cash flow on average versus traditional multifamily investments, (2-4 unit buildings or apartment buildings)...but I did read in the forums recently that yields were coming down because of so many people looking for cash flow and higher yield these days. 

(ABC Supply is one we have here locally in Wichita) -- not sure if you have any close to where you live, however would think there'd be a few to call in Denver which doesn't appear too far east of you. 

As a sidenote, I recently saw a Chapter 7 file where a motion to avoid the 1st position mortgage appeared to be successfully passed because the mortgage company did not challenge it.

Interesting, however doesnt appear the guy is speaking of anything groundbreaking. 

I read about what you are doing and how you are investing, and it appears that you have done a terrific job with it. 

In this case, the owner had (presumably) lived in the house for many years, her husband died and several years later it appeared that she went to live elsewhere.  

So even within the high end market there are various levels and it's good to figure where you want to get into at that level of the market.Once you have determined your definition of the market, start looking at listings, you'll certainly see certain brokers appearing over and over again.

In my research so far, it does appear that these areas command potential returns in line with those higher costs.