While the 1% and 50% rules are widely used by people of varying levels of experience, they're just guidelines that aren't a hard and fast rule.

In my 2nd full time year in the business I was in the top 1% of agents nation wide, and the top 1% of income earners. 

Personally, I am far more active with my investments, even though they are now country-wide in Self Storage facilities.  

I have the chance to get a property with a small 2 bedroom house, and a large double wide with full basement that can also be rented separately.With income potential of 3 places, I would like to know if purchasing a property like this is as good of an investment as buying a multiplex property?

I have never taken an industry wide survey of this, but it's safe to assume you will have to pay ahead of time for services and outside fees.But from a business standpoint, to learn more about this, and the fees they charge, it's probably best to call (some) in your area and talk to them.That will give you a more accurate picture of what is available to you.Sort of testing the water before you jump in.Good Luck! 

There is currently no way to escape the courtyard unless you a) go through one of the three residential buildings, and b) through a 1-foot wide space between one of the residential and commercial buildings (which i think cannot be considered a legal "pathway" or "means of egress".To obtain higher rents from the first floor unit, we are looking to enclose our portion of the courtyard with a fence (8 feet tall) and build a decking system (elevated 6 inches off the dirt floor).I'm worried about what the fire inspectors may say to this? 

All/most states require a principal broker but the time to find a replacement varies widely state to state. 

But where this particular article is flawed in my opinion is in painting with way too wide a brush.

They have a clause in the mortgage that gives them the right to have you pay the mortgage back in full if you do this but it's widely known that banks don't enforce that clause.As for llcs not having mortgages, that may not always be the case since some llcs have commercial financing instead of a mortgage.

I have heard of people in my area getting used single wide trailers 3 for two grand, but as I look on the internet I see everyone is asking for 13k for a trailer that I would have to put lots of money into fixing up.