Thanks in advance for your insights Yes, to  manage property for others in PA you need to be a real estate brokerage OR you need to be the owner's W2 employee.

@Mark Walker - There are no conventional "dscr" loans for SS and MHP; however, the actual metric still applies when evaluating the physical ratio performance of the asset classes.Private banks are really the way to go here and leverage is determined based on POH vs.

Evaluate your capacity for handling the costs associated with investing in and owning a home.

or 2. hire a Property management company who provides multiple employees to cover your asset for 10% or less per month which probably works out to less than $2500 per month. 

Let me ask this question - if one of your employees during work hours walks into a store and decides to rob it or someone picks a fight with them and kills them, will you legally defend them? 

There may also be other creative financing alternatives available, such seller financing, partnerships, private money lenders, or utilizing the equity in your current home.Do extensive due diligence to evaluate a multi-family property's finances, condition, rental prospects, and market worth before making an offer.

The 3rd party property management company wants this onsite manager to be the employee of my LLC, which I am not sure with.

SEPARATE MANAGEMENT LLC A separate managemnt LLC may make sense when your portfolio is large enough to absorb the cost of an employee and you want to self manage.

Would building a fourplex from scratch yield favorable returns when evaluated against existing property options?

As a first-time rental property investor, I am currently in the process of evaluating a potential investment opportunity and seeking guidance on an aspect of property layout.