You can still build two separate homes on the same lot, offering investment flexibility.The streamlined approval process is a huge advantage, cutting out the red tape of lengthy public hearings.

I am wondering if anyone has ever taken legal action against property managers, and if they think we have a potential case? 

I say "may" because while I have read about this in several places, I have not personally verified this to be true.I usually pay contractors by check the minute the work is finished and approved.  

I am obviously conflicted with the moral side of pursuing legal action here, but understand that people can do untruthful things when it comes to financial gains. 

Sometimes tenants bite, sometimes they don’t, but it’s worth a shot.Owner Move-In: If you’re planning to live in one of the units, you might be able to legally take it back.

The rates vary throughout the State because of the different millage rates and tax districts, but in Richland County for instance, the taxes essentially triple once it goes from legal resident to non legal residence. 

We are running into a roadblock of him getting approved for a loan.

Also, keep in mind that if you do self manage, you do put yourself at more risk for a legal issues.

But then they'll also be dealing with declining customers who can get approved.

An LLC is useful for two things: anonymity and legal protection.