In my market - Northern NV, Reno, Incline Village, the answer is "no."

Depends on your goals but I'd be inclined to keep the mortgage if it were me.

If wanting to rent the property you would want to do the math to make sure everything pencils but I would be more inclined to build the mobile home/land package and then sell. 

It is astonishingly difficult to deceive a jury of six or twelve of one’s peers.A judge or jury may even be angry with a seller who tries to pull a fast one with overly-clever conveyance documents that pretend to be something other than an executory contract—and may therefore be more inclined to consider a finding of fraud and treble damages plus attorney fees." 

OP if you have the time and inclination work for Habitat for Humanity on a couple projects to get base hands on knowledge.  

I am not a lender but if I were, I would be more inclined to lend to the 600 FICO score new investor who is requesting a 60% LTV loan before lending 80% on the same property to the new investor with an 830 FICO Score. 

If its determined title was not legally conveyed to Shashi the carrier will be inclined to pay out  the insurance premium rather than incur additional litigation expenses.

Equally as important, they have local knowledge and experience which is incredibly important if you take on construction/development deals because **** happens and they are more inclined to understand what the borrower is dealing with and work with the borrower on a solution.Case in point, I've had national fix and flip lenders fail to comprehend subdivisions and implications on land re-assessments/incorrect tax bills holding up draws.

I am inclined to believe that there is a push to begin regulating private owners due to funding issues and federal HUD fiscal policies. 

Under the right circumstances a seller may be inclined to sell with 100% financing.