In the beginning its common place to take debt under their name to start off. 

Contract assignments are very common across many industries, including real estate.

You would have to buy that property (or a % of it) and then contribute it into a new LLC.Since you're buying the actual real estate as a tenant in common it does become a little easier to deal with the debt.   

It's common to be scared of making mistakes and sometimes you have to do things when you're scared.  

These people are rooted in common sense. 

This is a great time to update your lease to (a) a month-to-month contract, so that you can ask anyone to leave if they are messing up the feng shui, and (b) add a non-smoking clause.I have written extensively on the merits of MTM leases here on BP, so you can read about my rationale if you'd like.Here's my non-smoking clause:SMOKING: Smoking is prohibited inside your unit or in any interior common areas.

Great advice on the tenant friendly state, I have studying deals in OH (which seems to be common theme on here lol) along with PA.

The common “goal” for SFR investing is $200+/month in cashflow, i.e. cash leftover after PITI and all expenses/reserves.

really the only thing in common with them is the homes are Mobile.MHP much easier to manage day to day.RV park lots of management issues also with RV the chems in the RV's are strong and it can affect how you deal with Grey water and sewage.. many RV parks though turn into MHP if the authorities just let the RVS stay and never move..

Considering your goal of house hacking a duplex, while FHA loans are common for first-timers, there are alternative financing options to explore:Conventional Loans: Need more credit and down payment, but offer flexibility. 203K Loans: Ideal for fixer-upper duplexes, bundling purchase and renovation costs.VA Loans: Great for vets—no down payment, competitive rates, and no mortgage insurance.Portfolio Loans: Private lenders, good for unconventional income or credit histories.Hard Money Loans: Quick, high-interest, good for investments or major renovations.With $30,000, mix it up—use it for a down payment, maybe pair with a conventional or FHA loan.