You don't know who the investor (owner) on the note is yet, and there are differing methods, and restrictions, depending on who the actual investor is. 

In my part of the world if there is no road frontage the property cannot be subdivided or has severe restrictions (family only, etc.).  

So, because everyone is different and we all have our unique skills and time restrictions, I say you should start off very slowly.  

Bounced/Retuned checkParking – and auctioning off preferred stallsParking violationPet Fees and Pet Application Fee in lieu of depositFailure to clean pet wasteTenant application feeLate paymentsCheck cashingCredit card processingTampering with smoke-CO2 detectorNon-compliance after an initial written noticeSmoking in restricted area

I keep hearing having a license restricts you but in general that is BS.

However, in North Carolina MHPs are very good long-term hold assets provided the right  market attributes - a growing population, stable employment and a restrictive land use code (high entry barrier for new MHPs). 

MH dealers are under DF with modified restrictions.

Lenders have all kinds of restrictions on investor properties that are less of a concern for owner occupied. 

One newbies are afraid and don't know.. and or those that need to pull their cash out right away with a HML who requires title insurance won't bid either... so if you have cash go for it.also its rare for us to rehab and resell much quicker than 120 days anyway.. and unlike deed restrictions we can rehab and market as soon as we want to  and or want to risk a redemention.and its not like those that buy mortgage foreclosure redemention rights and try to shake down those that bought at auction or actually redeem.

The securities under 506(b) or 506(c) are restricted, but liquidity can be provided in a variety of ways depending on the offering.