Hi Nick,Despite the variation of opinions on this in the posts above, you should have an Operating Agreement for any LLC created.

Most common question on this forum I think. and the most incorrect info given .IF you personally guarantee, meaning it is a RECOURSE loan it does not matter if it is in your name, a LLC, calling it commercial or any other variation.

Use Excel STR proforma template or variations of this.

I'd encourage you to consider a variation of both #1 and #3 immediately.  1) Use FHA loan to buy a nice house to live in that does not need significant rehab.   3) Buy an investment property but spend some time learning how to buy them without 20% down.The reason for #1 is if the house is in good shape, you can save up the monies you would spend on rehab towards a future rent property.  

I am not exactly sure how to phrase my search to best yield the results I am looking.I have tried "modular home financing non owner occupied" and different variations but it is not yielding anything.

Others who do a different variation of this aren’t true turnkey in my mind.

There's a lot of variation, but overall it's a rust belt city that has a lot of opportunity for improvement.

I see variations of this question quite often and think it's important to clarify two different investment vehicles here, as they are often times referred to interchangeably, but are actually quite different - partnerships and joint ventures (JV).

There are a lot of variations on what companies do.

If their operations are on point, there will be almost no noticeable variation, in their day to day.