As long as you have your due diligence you are as good as buying a property that doesn't say "as-is".For question 2: The biggest "scam" is tenants not paying and milking the system.

Many people may never be able to afford to purchase their own home but as long as demand exceeds supply I question if it matters. 

Plus, as long as you're addressing legitimate concerns and providing good service where it counts, finding a way to keep the stress in check is essential for staying positive in the business!

I will be moving into the 5 bed 3 bath because the tenant has been there half as long as the upstairs tenant (therefore that is the unit I am legally directed to move into vs the more tenured upstairs tenant).I do not need the space of a 5 bed 3 bath apartment so am planning on renovating the entire space and turning it into x2 2 bed 2 bath apartments while I am living there.

If she sticks with jobs in areas like LA, NY, and Miami there are plenty of job opportunities to stay there long term.The student loans doesn't bother me as much as long as you can afford it.

However, the opportunity cost is that I won't have funds to invest with my current salary as long as I have this house.

But you do not need to go the refinance route as long as your current lender will allow you to do a quitclaim deed to an LLC. 

- Loan to value (LTV): 80%: Why does the seller care what the LTV is as long as he nets what's expected from the purchase price - Earnest money held by seller's recommended property management company: Do not let the sellers PMC hold your EMD even if the company has a licensed broker.

As long as the manufacturer home meets the state code then should be fine.

It leaches chemicals into the water, does not last as long as copper, rats chew through it.