If none the file will be suspended or denied.If you have any questions feel free to reach out since mobile/manufactured are very complicated if you do not have all of the facts.

Property management options, cost of your visitations when/if needed, and access to reliable real estate professionals that can assist you as needed.Feel free to DM me for reference to great tools and articles that can help.

Can you either rent out your current property if there’s been little/no appreciation, or sell it tax free?

If that's the case, if it's a flipper with zero development experience, no way would I have any interest

Does anyone have any experience with buying and selling in a flood plain?

In my experience in MO, land bank properties are very low priced (these are generally properties/parcels that weren't sold at the tax auction), but they often have significant tax liens on them that must be cleared in addition to the "sale price" AND they require a significant amount of rehab in order for the properties to be inhabitable. 

So if you buy a 5 bedroom house and rent the spare 4 bedrooms = you can still sell tax-free under the 121 (you just pay back depreciation) If you buy a duplex and rent 1/2 and live in 1/2.

You'll likely need a higher down payment if you can find anyone willing to finance something like this as a first time investor; many require some level of rehab experience at the very least.

In my experience, you need to open the llc, then go to IRS.gov and get an EIN number.

Any suggestions, advice, or experience you could give me.