@Kristi Kandel No, WF nor anyone else can give a conventional loan to an llc, period.....it is Fannie/Freddie guidelines, not the lender’s choice.....common knoedge.  

8-10% is standard.Any shared utilities that you'll have to cover?

Is it possible to put a manufactured home on the property (which already has utilities hooked up to it)?

Yes, it is common to transfer title to your llc.  

I have been looking for a program to keep track of financials for each property, individual unit, but not having much luck outside of full blown PM software which I wouldn't be utilizing most of the features.

As this is a risk for me to tie up a chance of not selling to anyone for possibly 3 years, is it possible to "tie it up" for them, but say something like "price to be determined by appraisal at end of lease, with a minimum of $215,000" is this legal, or common?

It's a very common problem for people when they are getting started- build equity and/or save and you'll be fine.

Manufactured homes are commonly called "HUD Code homes" because the building code is federal in standard and is performance based, while Modular homes are built to state building codes.With both Modular and Manufactured homes, there are varying standard of quality.

But the land is  common area even though there is a fence marking 2 distinct yards.

For example, a standard residential policy will provide $100-300k liability coverage while a commercial policy commonly provides $500k-1mil liability.