@Ryan GoffIt is not possible and what you describe amounts to a prohibited "step" transaction  - i.e. what can't be done directly can't be done indirectly by merely inserting an additional step (by transferring to an intermediary).

So there should be some additional room for value increases.

In addition, many landlords avoid conversations with their tenants. 

You will have setback requirements, lot coverage and possibly additional parking requirements depending on the number of bedrooms etc.You will have to run the numbers to decide if it’s a sell or hold strategy.

@Jingwen Dunford, in addition to what @Frank Rolfe mentioned, the transient nature of apartment tenants creates a much easier path to higher vacancy in apartments, while MHP tenants own their homes and tend to be "sticky" tenants.   

This will leave you additional funds for your rehab.Feel free to reach out with any questions.Regards,Eric

It's hard to stand out.There are some owner-occupied segments with people who share motivating factors for selling their home.Seniors with Long-time Ownership: often ready to downsize or transition to assistance.Homeowners with Low Financial Stability Scores (FSS): Struggling financially and likely ready to cash in on their asset.Both these categories have additional advantages in that they probably don’t haven’t been updated and may have deferred maintenance.

We had an addition put on this past year and, as a result, have a HELOC with potential funds for a down payment.

It's hard to stand out.There are some owner-occupied segments with people who share motivating factors for selling their home.Seniors with Long-time Ownership: often ready to downsize or transition to assistance.Homeowners with Low Financial Stability Scores (FSS): Struggling financially and likely ready to cash in on their asset.Both these categories have additional advantages in that they probably don’t haven’t been updated and may have deferred maintenance.

It's hard to stand out.There are some owner-occupied segments with people who share motivating factors for selling their home.Seniors with Long-time Ownership: often ready to downsize or transition to assistance.Homeowners with Low Financial Stability Scores (FSS): Struggling financially and likely ready to cash in on their asset.Both these categories have additional advantages in that they probably don’t haven’t been updated and may have deferred maintenance.