The tax assessor will usually send a tax bill to an address the owner is listed as recieving it.

Air conditioned air leaking to crawlspace making crawlspace heat or cold depending on season causing more power bill to tenants.

Right now, I'm buying T-bills and bond index funds. 

I have very low bills though, so I could save $12k in about a year.All the MHs I looked at were in parks.

The biggest thing I have encountered in numerous inspections is chipped or flaking paint in pre-1978 homes that have children living in them.

You have one set of bills but 4 rents coming in.

Also most people employed, so even if it is a struggle they can still pay the bills.

Quote from @Bill B.: @Jay Hinrichs and @Bruce LynnI remembered that deal too so had to look it up…original deal:https://www.cnn.com/2017/08/08/us/couple-buys-san-francisco-.... 2015 this time.

Mike, My recommendation would be during due diligence for a potential purchase, ask for past 12 months of all utility bills, property taxes, and any other municipal requirements like rental permits, occupancy inspections etc. 

You should have ran this question as Anderson Business Advisors was suggesting this set-up.The set-up is also difficult to understand that you likely have to engage your attorney everyyear with questions that you have where they would be billing you.I like the slogan regarding keeping it simple.