@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.

Depends on your market and competition.  

It depends on the property because each has its own risks.

Of course it all depends on pricing and what your target demo is.

Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.

Depending on what state you're in, you may need a real estate broker's license to start and operate a management company.

I also remember a time when we could claim a dependent on our tax returns even if the dependent didn't have a SSN. 

I think this question is dependent upon location.

Thank you Each state’s laws vary, but many/most will require a foreign corporate entity to register in that state before it can do business, and holding property title is a business.

It really depends.