Its success hinges on the honesty and reliability of each party involved.

Ultimately, seeking professional advice and guidance is recommended to ensure compliance with all legal and tax requirements.

Frankly my reply is a bit insulting and for some reason they never reply back or even inquire as to why I think they are unsophisticated (I suspect they have recently likely been duped into purchasing some old data list from some other party).

that's what the professionals are for.i'd work in whatever job you can make the most money in.

Communication and Documentation: Continue to communicate with the tenants about their overdue rent in a professional and respectful manner.

With all of the improvements you have done, is your asset located near hospitals or professional services wherein you could do an MTR? 

As you get ready to start investing I'd encourage you to connect with a local agent in the area that you are looking to invest and they can connect you with other professionals you'll need like a good lender, insurance person, property manager, etc...

Permitting costs can be reduced for facilities with multiple buildings ongoing as they can negotiate discounts and use a third party to permit that is certified by the state.Now, you do need to transport the home, but here distance is a factor, sure if you are going to ship 100's of miles this can add up but in general there is a service area for delivery at nominal cost.Those designs over 1 story will cost more as you need to rent a crane but that is another area you can manage cost.In the end I am pushing back against a blanket statement that "modulars cost as much and are built to poor quality" because frankly that is wrong.

Keep in mind in this case, you are not dealing with insurance carrires and any monetary judgment, if applicable will be difficult to collect on (particularly in this space as I am sure you are dealing with unsophisticated and poorly capitalized parties).

The options we're considering are either a multi-family unit in the city or a short term rental property in the city or up to 2 hours drive from Sewickley.However, we're in need of professional guidance to help us make the best choice for our family and investment goals.If you were in our shoes, what would you do next?