@Bill Fanelli I am not personally using it, but I heard it can be a bit troublesome in terms of onboarding.

I would surmise the bank places a lien on the title of the MH...In our state, MHs are considered "personal property" and have titles associated with them.  

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

I always tell them to fill out the application and if they pass we can meet and they can pay the money and almost every time the person that was trying to put the cash in my hand has multiple evictions, a huge list of felonies, or both.

Can i require the tenant schedule a time with repair person for W/D.

Also there is some personal reasons which are hard to put a value.

Consulting a real estate attorney experienced in creative financing methods can help ensure compliance and protect your interests.Texas has specific regulations regarding real estate transactions, and certain creative financing methods might be subject to additional scrutiny.Insurance and Taxes:Ensure that property insurance and taxes are kept up to date.

Yes, it would be for short-term rentals as well as personal use. 

o Full doc (pay stubs, taxes, personal DTI) or light doc (asset-based, DSCR)?

You can contact a local (experienced Real Estate Agent) to help you with this.