This is where most people start getting nervous. And, honestly, it's for good reason. Having good residents can make owning a rental house a breeze, but bad ones can make it a nightmare. Fortunately, there are practic...

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Sorry for the slow response had a wedding to prepare for at my house and just in recovery after being in the hospital.

If I were in your and/or your mother-in-laws shoes, I would go to a local bank and use the free and clear house to secure a $150K+ line of credit. 

This is basically a math problem that will depend on both you personal finances & also how much of this is an investment vs you want a nice house to live in4.

I mentioned buyers brokers not showing houses to their clients because they thought the commission split was too low.

Just buying a DG the way most people buy houses, or duplexes( typical 20% down payment and 20-30yr note)is not necessarily the best approach.

Tiny House Dreaming and Tiny Home Projects are currently working with a variety of investors on Pocket Communities and stacked Tiny Homes.

If there was a house of interest listed it was get there same day and make a strong offer to even have a chance, this doesn't seem to be the case at this moment.

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.