I agree with @Connor Hibbs's comment on terms for first time flippers and if this is something you want to start doing more frequently I'd look for lenders that offer some type of rewards program to gain better terms through doing repeat business.

Without complete financials up to that point, extra work (and headache) will be required to get everything straight after years of failure to keep complete financials.There also might be an asset protection wrinkle by not maintaining complete books for an LLC, but I won't comment on that as I'm not an attorney.

I have a deal that was presented to me that currently has some mobile homes with permits to expand.

@Craig SparlingI agree with the other comments here.

Hopefully a CPA here can comment. 

If you care to elaborate on your comment "trusts don't provide asset protection", I'm all ears and I mean that sincerely, I'm always ready to learn more.

Further Evaluation (Professional based)Comment 2: Yard wetComment 23/24/25/26/27: Electrical WorkComment 4/5/6/7/40: Glass repairs/sealedComment 28/29/30: Hvac repairsComment 49: Chimney inspected/cleanedRepair (Handyman based)Comment 3: Vegetation removalComment 12: Leaking hose bibComment 13: Sewer cap replacedComment 19: Door knob replacedComment 22: Replace all batteries in smoke detectorsComment 38: Replace clamp in sinkComment 39: Replace dishwasherComment 41/48: Dry wall prepareComment 44/47: Door repairHave you decided on a property manager yet?

FYI the comment was posted before you resolved the issue, I just made an update.

Was your comment/offer directed at me or @Levi Perl (or both)?

I'd also like to echo @John Underwood comments....if this your first rental investment it could be best to learn the ropes with LTR.