@Dylan MeekerDylan, you posted the same item over in the Landlord forum.

Referring to 3), do I need the EIN to open the bank account?

I do get peeved when people get needlessly personal or resort to unfortunate short cuts.I will post links to references cited as well as a few other useful cases & articles.Bottom line, as I stated before (and still open for logical refutation, I want to know if I am in fact mistaken):- Most taxpayers with 2+ rentals that are not triple-net leased should qualify as a TB-Many taxpayers with 1 rental that is not triple net leased may qualify-Delegation counts, even if the taxpayer is completely “passive”-Pass-through from partnerships/S-Corps/certain kinds of trust should count

We set aside a portion of our gross rents each month (usually 15-20%) in a capital improvement account and then we can use that account to fund repairs like roofs, AC units, remodel of kitchens or bathrooms, new appliances etc.You will always find something to spend on , I would spend some time to prioritize your capital spending, and to plan ahead of time for big ticket items to keep your place in top condition.  

How are you guys handling this issues since these items can vary wildly?

mobile home investing is a very great way to get into real estate at a low entry cost and high reward. what I love the most about it is that it is a gateway drug to owning mobile home parks. when a bank or hard money guy or gal asks you well I see you want to buy this mobile home park but … what do you know of mobile home parks... you can say well I own several homes in parks In the area and here are references for you to call that I have worked with. 

The 10% or more increase is typically referring to an increase when you are ending one lease term and starting a new lease term, Since they are currently contracted at a certain rate until the end of that lease period, you would be in violation of the contract unless your lease states that the landlord can raise the rents anytime during the lease period. 

@Marlon Sanders I have colleagues in that area, I can refer you, all I need is your contact info and what you're looking for. 

Go a step further and ask them why they are referring a particular contractor, and the contractor's strengths and weaknesses. 

Vetting Turnkey companies or individual team members, asking for references, scouring BP for reviews and info - even Turnkey isn't truly passive, there's a ton of legwork that happens up front.OOS investing is popular and viable, you just have to do the hard work of figuring out what you want and need out of your investment and the best route for obtaining it.