The policies typically have very high deductibles in the range of $10,000 per occurrence.

@Wei Jie Yang - mortgage lenders are typically the best option in my opinion. 

The label of stock is dispositive if it has typical characteristics.

Read Charles Becker of Duke University's article on this very topic for greater insight.Another difference is that Class B/C apartments typically need a huge amount of expensive cap-x to maintain their occupancy, while mobile home parks need a much lower amount since the park does not own the homes (or at least many of the homes in most cases), although this is true whether there is a recession or not.The final main difference is that apartments sell at much lower cap rates, so there is less cushion in the event of a recession, while mobile home parks still sell about 1 to 2 points higher in cap rate, so you have more flexibility to contend with the impact of a recession, whatever it may be.

I don't know what is the best approach and how investment partnership should typically work. 

Gross monthly rents will typically be 0.5% - 0.8% of the acquisition price.  

For property management, what's the typical fee %?

I'm not sure if this is a typical strategy, but it makes sense to me.

I have a big umbrella listed with all the properties under my personal insurance.I have homeowners with the typically 100/300k..

@May Emery I actually just read a news article this morning saying that seniors are choosing to stay in their homes at a higher rate than whats typically been observed in the past. https://www.housingwire.com/articles/46757-baby-boomers-wont-downsize-homes-anytime-soon