One of the key upsides to MHP ownership is building the business and selling it for a profit down the road. 

Holding onto it is a smart decision, and you're entering property investing in a solid position.To get started, focus on ensuring that the rental income will cover your mortgage, taxes, insurance, and any maintenance costs, leaving room for profit.

Is it more profitable to turn a STR to a MTR for the winter months in a coastal town?

Higher taxes can eat into your profit, so do your homework upfront.Financing options.

We want to make sure you're profiting off these projects.

That's 5 months of profit gone just because the insurance company wants it done.

Is the debt on property you would want to own in your Ira or you could sell at a profit after a 10-20% “get this sold” discount and 10% in selling costs?

Do your best to only move on the properties where the numbers work well for you, even if that means passing on one that you may like a lot but isn't going to be profitable for you.2.

Can't speak to the organization in Michigan but generally the benefits of a well run STRA far outweigh the costs.I am a property manager in Hawaii so we are constantly being hit with new anti-STR legislation and have a large, well-funded hotel lobby to deal with constantly.

http://mnsoberhomes.org/   This is an organization of over 20 sober houses in Minnesota run by private people. they formed a organization to help each other.this is a interesting part of a growing need for assisted type of housing.Just thought I'd pass the info along..your state might have a similar organization that could give assistance in figuring out how to start a similar type of housing situation.