I had gotten into the financing side, first in residential and earned my AMB, or "Accredited Mortgage Banker" and then went into Commercial lending, eventually opening my own firm with my wife specializing in dealing with investors - we provided management, coaching and financing solutions specifically for investors and investment properties.

@Kunal Mishra That sounds pretty accurate, I think that preparation is key so I'm going to continue to read and look up houses.

Be ready to give concrete ideas of how you can help, and be prepared.

Regular dialogue with workers on site, building rapport, and asking lots of questions may keep one better in tune with things.You can also require daily reports from all trades and a contractual requirement to report known problems immediately.In both cases, be prepared to pay for these things and neither will guarantee success.And if not doing so already, make sure budgets include appropriate contingencies.

When you correct something that the lease does require of you, prepare a fill-in-the-blank form that you have them sign each time that shows the date that they brought the matter to your attention, briefly describes the matter, shows the date it was fixed, and states that their signature (make sure it states one party signing is sufficient) shows their full satisfaction with the action you took. 

There are 2 or 3 companies, that specialize in the West End and Pittsburgh area, but they have minimums per door of $ 100-120 per month per door, so your percentages go up and your profit goes down. 

In that case...When I get the most accurate ball park value of the land and I get it under contract what is the process or are there special contracts I need to take it to auction.

There are special tax rules for vehicles.

We have plans, scope and budget prepared that conveys.

If you get into mobile home investing be prepared to owner finance.