Obviously my biggest concern would be this building may house 5% of the towns population haha, what are others experiences in very small rural towns?

Most of the foolish beginner's pitfalls and potholes could be avoided by learning from someone who has already made those mistakes, learned from them, and moved on to success.If you have spent any amount of time here on BP you will have come across numerous posts from investors who blast the novice entrepreneur for clogging up the market with bad deals, or more concerning to me, accidentally break the law and risk major issues.

my concern is, as stated on the affidavit, this is a federal crime.  

I'm not so concerned with the cash flow and investment numbers in this case as I am with what actions I can take or questions I can ask my realtor to be more informed of the process and hopefully expedite the closing process. 

Noise is a concern, so doubling up on drywall seems like a good idea either way. 

He was a friend of ours so we wanted to give him the benefit of the doubt, but once both deals were under contract he became more concerned about pleasing the other realtor and their client then looking out for our best interest.

So far I've told her that she has a very creative idea..but as an abutter I would be concerned about having stranger in and out constantly.

I feel like I need to get a RE attorney and have a waiver in case of injury, but I'm also concerned over my definition and their definition of 'nice'.  

Concerning a mobile home in a park, the terms of the deal will be listed in the paperwork you provide at closing.

As far as Pottstown is concern it can be a tough city.High taxes, lots of homes with oil heat (which can be tough on tenants) and low property values.