Don't forget to add fringe benefits such as health insurance and also payroll taxes, etc. 

I've noticed that building strong relationships with both buyers and motivated sellers has been a big benefit.

Quote from @Melanie Baldridge: The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.Before you buy a cost seg, you need to know the rules:Tax all starts with the types of income.1.

its quite sad the only one who benefits here is the promoter 5 years from now 75% or better of the homes they are selling will be sold to the next phase of 5k buyers of burnt out houses.. you simply cannot manage that tenant class .. and I am sure you chuckled when I asked how many doctors were renting those.. but that is what others who talked to morris said.. 

The down payment is based off the total adjusted acquisition cost – the purchase price plus the cost of renovations.

That is not a benefit for you, nor any kind of evidence that they are worthy of becoming a resident.That issue aside, I would not allow someone with a recent eviction on my property unless the "unfortunate circumstance" was unlikely to recur AND they otherwise have a strong historical track record of making payments AND they would put down a very large security deposit.

Using a CA LLC owned by a WY LLC could preserve some benefits, like charging order protection, but doesn’t eliminate CA filing fees.

If I keep the house in my name and use it as a rental, would I need to do anything other than notify the lender and adjust my homeowners insurance to reflect the house is a rental? 

Because I benefit from more business oriented books I also like Who Not How and Gap and the Gain by Dan Sullivan and Ben Hardy.

Trailers don't go up in value like conventional houses.In my opinion to get the true benefits of buying mobile homes you want to own the land underneath them.