I have some questions again...

[Gabriel Spaulding]

Hey everyone I hope you're all doing well.

So today I was thinking about some options and fears. So first, options. I'm confused about whether to go for a triplex, quadplex, or a 10-unit mobile home part. Another thing I have thought about doing is buying a small single-family home near an attraction and building a couple of tiny homes for AIRBNB, however, I don't know if this is wise or not. I also don't know if an FHA loan will work for a mobile home park. Any help with this would be amazing.

Do I make an LLC before or after I buy?

Is it better to save up 200k to buy a house with cash or would less risky to get a mortgage? Is a 15-year or 30-year better for investing? Can an FHA loan be a 15 year or will it always be 30 years? These topics are some that I need help with the most.

And lastly, about tenets, what can I do if a tenant stops paying rent? How do I screen and set up an application process for them, what are some things you would have on that application or look for? How do I advertise my units for rent to get a tenant moved in? How do I run a background check on tenants? How do you guys feel about living in the same building as your tenants, such as living in a duplex with a tenant in the other side?

Any info would be amazing, THANK YOU!

-Gabriel S.