Lenders do not need to know your future plans.

In the near future it will be time to buy multifamily properties.

As for trust or living trust, it's more towards the protection of your future beneficiary so that the estate tax (depending on each state) won't be taxed heavily upon the trustee's death.

In Cleveland they cash flow well and you can build a foundation of knowledge this way and a base you can expand upon in the future if desired. 

I want to have an attorney on standby for the future.

If it's an older place and you can see something going out in the near future, then save more up front. 

I would spend time looking at comps on Furnished Finder and Airbnb, see which properties are current vacant vs properties that have availability in the future.

The goal is to avoid surprises, understand what challenges may be present, and what impact the results of inspections may have on our future operations of the park.Inspections - If all of the above checks out, now it's time to start spending money on paid inspections.

@Mike Wells- seems steep ....always ask for a price estimate in the future ....go back to your previous CPA  ( or another )

My clients are going to be fixing up both sides of the duplex, and add another duplex in the back of the lot, for a massive increase in value and revenue in the future.