If they do more damage you simply add it to the bill.

Refinancing can allow you to pull out equity, providing you with additional funds to use for the down payment on a new property.Look into financing options for purchasing a duplex.

CAP Rates can be a beautiful thing, they allow an investor to get a quick comparison of properties without digging too deep into the deal.When using CAP rates on MHPs I want to give a few warnings because there are additional variables to consider.

Additionally, I am looking to learn more about LLCs and weighing pros/cons. 

So, while some labor costs may decrease slightly or flatline, we are likely NOT going to see the a reduction in real prices we saw for some materials.

That'll mean some reasonable additional costs when it comes to set up and maintenance but it's generally the most economical way to own if you buy multiple properties.If that's something you want to explore one day, I have replied to hundreds of posts in the forum regarding purchasing and investing in Mexico.

I'm still thinking if this is the right move for me given the high property taxes there, hassles of out-of-state management, additional CA taxes, as opposed to simply investing in index funds (which might have more returns).

Even with the additional maintenance expense we still drive a 66% better NOI than if the entire park was TOH.  

In addition, what will happen to the tax write off since both properties are paid off? 

Make sure they list you as a lender on their homeowners insurance policy, and not as an additional insured.