So, for a $60k loan, you'll likely need $12k-$15k for a downpayment, $8k-$12k for closing costs (prepaid insurance and taxes, lender fees, attorney fees, points, prepaid interest, transfer taxes, etc), and then another couple thousand for reserves and whatever else.

To combat this: market the property well, be transparent, secure a great flood insurance rate so a buyer can know the cost and be able to transfer the policy.5) no flood zone AE does nothing to rental rates6) if the insurance rate seems high then get a flood cert and maybe it will decrease.

You can make an LLC and transfer it over.

I know the potential state specific trigger if I transfer to my LLC in future, but difficult to obtain loans in an unproven LLC's name. that being said, do I insure the address under my name or the LLC listed on the STR business license?

For example, Columbus or Huntsville, AL has come up a bunch of times but I’d have to transfer.4.

No good will that the former landlord created will transfer with the property.

If so, there are no transfer taxes due. 

You should also verify whether the lease agreement allows for ownership transfer without landowner approval.Owning the trailer means assuming responsibility for lot rent, potential removal costs, and liability risks.

You could convert them to a DSCR loan but then transfer them to a LLCWhat we have done is save for down payments and renovation costs, - buy properties that need work rehab them and then refinance them out making sure it meets our dti.

Asset sold was mainly transfer of client list and contracts.Does it make sense for me to seek out a note purchaser?