That's legally incorrect in Arizona and a few other states.

@Ashish Acharya, @Nicholas Aiola, @Dave Foster, @David Orr, @Jason Watson, @Natalie Kolodij, @Bernard ReiszFriends, based on my prior failed attempts to address this issue offline, nobody really wanted to hold this hot potato in their hands.

You can’t buy individual pads unless they’re separate parcelsFor you to “own” 10 out of 100 pads:The land would have to be legally subdivided into 10 separate parcelsEach parcel would need its own legal description, utilities, and tax IDThe city/county would have to approve the subdivision (they almost never do)RV parks and mobile home parks are almost always one parcel, meaning you can’t carve out 10 lots and sell them like condos.2.

Crew wanted to hand off as big of a mess as possible it seems.

It depends on your goals.If you’re 21, hungry, and willing to be hands-on, rent-by-the-room can dramatically increase your cashflow while you build experience.If you want passive, low-effort rentals, this is the opposite of that.One thing most investors realize later:Rents are monthly, but headaches are weekly.So the premium has to be worth your time.5.

They might still be working under her info, but we have blocked them from the IRS.If they lack either a social security number or an ITIN they might be here in a less than legal capacity. 

Last year I spent $5k on legal.  

And with a wraparound mortgage the buyer has full legal title.

They allow you to build a portfolio with minimal hands-on work, as the homes are renovated and located in solid neighborhoods.

It will dictate what type of legal action the buyer can and can't take (for realtors, it's often limited to mediation and/or arbitration), what the buyer agreed to waive or hold harmless, and who pays the legal fees in a dispute.