So selling one for 500 and buying two for 250 is fine.The key is going to be building your identification list and keeping it compliant while adhering to your timelines.  

I have only done rentals in 2 states and my family in another, but in all 3 states if a month to month rental leaves before giving 30 days notice, they can be charged for the full 30 days or until it is rented - whichever is least.But with a year's lease, it is harder to get non-compliant or aggravating tenants to leave. 

The property is legal but non compliant.

Came into it with a 5% down primary residence loan and will rent after 6 months of living there to stay compliant.

Came into it with a 5% down primary residence loan and will rent after 6 months of living there to stay compliant.

You should use existing forms that are compliant with your state and local laws.Most leases I have seen or read have a clause about the landlord's right of entry like @Nathan Gesner said.My local lease says:"Right of Access by Landlord.

But they still want the end game of estate planning and tax free inheritanceSo they're stuck with the 1031 compliant passive choices. 

This is why the separation you mention would not allow you to be compliant with the rules.

Hi All,Can I lease out the lot rent on a separate rental agreement, Lease out the mobile home on a separate rental agreement (no violation of Safe Act here), and in the mobile home lease indicate that at the end of 3 ...

I usually encourage people to at least have an attorney draw up their first LLC so they understand the language and can be taught how to keep it compliant.2.