The Charlotte market is still a little small for restricting it to only zip codes as the city and suburbs have been growing so quickly each street is different with some new 300k plus construction sitting alongside some 1950's SFR'S. 

Had some hiccups but when isn't there. 

Like others, I'll be flexible for a good tenant who has a hiccup. 

what if you gave them the refund. then the 15th rolls around and there are problems with the move. its president's day weekend. i am not sure how they are going to move yet if they are using a public service (u-haul, movers, cleaners/ maid service) i'm sure there will be a hiccup in their plans. it sounds to me that the tenants are rushing into their plans and may not have thought things through. 

When the economy hiccups it is over for flippers and it happens quickly.

I've been around turnkeys for years, both as a buyer of them and working alongside them, and I can ensure you they are plenty ethical and a good business model (at least the ones I've always worked with). 

That makes it much more likely that any hiccup in the deal results in the borrower just walking away, leaving the HML with the property and you out in the cold.

This will be our very first deal so we are pretty nervous and want to do everything right although chances are there will be hiccups along the way.

Added liability protection from an LLC is more of a hiccup as a defense as a closely held LLC managed by you isn't that hard for a good attorney to pierce the vial.

Additionally, he will learn the business alongside us so he understands what we are doing with his money, and, frankly, he will be able to go purchase a MHP on his own if he so chooses with his next 1031.I'd be happy to chat with you if you'd like to learn more.