But, you’re dealing with commercial funding anyway, for a little extra work and a few hundred dollars, doesn’t it seem like a good investment?

Set up the LLC business bank accounts.Moving to an LLC increases costs, work, and complexity.

So, you have primary buyers and investors competing for the same deals - ones that need some work, and then investors are competing fiercely for the more distressed deals. 

Assume you have to work and put in the effort.  

This way you can see their work and most will have customer reviews on there as well especially if they have a Facebook page. 

This far its produced three that we work and invest with.

They don't care about your property, won't suggest the improvements, and just live of you.I self manage AirBnb in Seattle and hired a remote PM in another property and should admit that if the PM is not local I could do the work and take care of the property much better than a hired PM.

But it is a lot of work and the ones I know also make sure to have a firearm when they are collecting rent in their parks. 

It will depend on the size of the house, the scope of work, and the quality of materials used.

As the buyer, I'd do a little detective work and do a deep dive on the occupant.