That being said, I plan to do things very differently and hope I can find a willing agent for my next transaction.I want an agent who understands that I can't pay full price if the numbers don't work out (and they usually don't at full price). 

I managed a 120 unit complex, all turns were done in 24 hours,Painting, carpet cleaning, turn cleaning, locks, we had a well managed crew and averaged 5 to 12 (during usually June) turns a month.  

Every week I look for all the open houses in my target market and I check them against the county records to see which ones are investor flips which are usually only 1 or 2 per week.

I am searching for items such as: Park Manager Job Descriptions 
Park Rules and Regulations 
Notice for rule violations 
Notice for late payments 
Introduction letter from new park owner 
Instructions for rent/utility payments.

MPH prices usually don't drop that fast, do they?

Usually the 2% deals I see come with substantial capital costs to prepare the property to market. 

I've done a few for rates of 7-12%, 1 year, usually interest only with monthly payments and the balance due at the end.  

Cash out usually requires a lower LTV (65%), but not always.

Income is reported on the appropriate schedule (usually C or E) of the owner's Form 1040.Partnerships DO file an annual report of income on Form 1065.

Although usually for less than $100,000 worth of stuff.