Tell them when they pay the rent, you need a copy of the utilities bills to ensure they are being paid or as you said you pay and they add it to their rent. 

neither the real state attorney hired to create the LLC nor the CPA mentioned anything about tax implications when the company was created, I feel the 'experts' I paid for this services let me down.any recommendations, or options to minimize the amount of money owed?

If there's a manufactured home on it, make sure that it's got clear title and/or paid for.

Here is my situation I grew up with slumlords my parents paid all cash for thirteen properties.

I am about to buy a pre-1976 manufactured home (700 sq ft) on permanent foundation.

The 1% rule may work with houses in the "C" area give or take in "A" areas that rule has not worked for me .Agree Andrew I don't like the how tight the numbers are  when getting a loan .The other rentals I bought in "A" area I paid cash for worked out well passive income at it's best .

PS Interest rate on the $680K loan is 3.125%; I have paid off $48K of the principle and have $631.8K left on the loan.

I have a 30 day notice that requires I be paid my rate for any of the bookings within that window and I would continue my services during that time.

It actually paid off.

Ie. does the seller need to be in, or close to, pre-foreclosure, or in a tough spot?