The environmental controls are very tight and underground storage tank (UST) operators are held to strict standards for regular inspections and monitoring. 

*Make sure you pick a market with very landlord favorable laws as well- you want to be able to remove people at a low cost if things don't go well & you want tenants to know how easy this will be for you before they move in.One other thing everyone should do when selecting management: ask for a fee schedule for a variety of different types of service calls, and ask for a scope of work or two for some unit turns they've done so you have an idea of what to expect for maintenance and repair costs.

Usually, there will be landlord/tenant law specifically for those who own manufactured homes renting on someone else's land (aka the park).

I have since found an attorney who specializes in both real estate law and estate planning.

Hand it to them or post it on the door - it matters not per law.

I usually try to get opinions from two attorneys for State foreclosure laws and two realtors for CMA’s to ensure the investment has a reliable collateral on it to cover the investment with good returns.

Are you doing buy and hold investments or strictly flipping for resale?

Do you want to be strictly in real estate or do you want to invest in other industries as well?

Insurance is confusing as there are so many variables and decisions contingent on an investors risk tolerance, portfolio and market location.I urge anyone to ask their agent how their policy will reach to some of these claim examples because all policies are not uniform in coverage and all state insurance laws are not the same.Based on all of the above comments, keep these items in mind;- Some insurance policies will have a Coinsurance clause, which will penalize you for insuring for less than the Replacement Cost. 

Some states also have strict limits on Wells and then you have to have a certain psi per connection.