I work in the mortgage industry and the appraiser can use stick built homes of similar quality as comparable sales for modular homes.  

As a real estate agent in an ever-evolving market, staying ahead of the curve and keeping sales momentum up are crucial for success.

Problem was the buyer was conventional, so now we needed to figure out how to go about this since we had never done this before.  

What I figured is that I can always pay it off in 15 or less by making more payments.

It will be triggered upon sale OR refinance, so if you think you might want to refinance in the next couple of years (or at least have the option), you may want to consider a shorter penalty length. 

@Kory SantaellaIf these have mortgages you don't need them in an LLC.A LLC can also give you a false sense of security.You may be subject to due on sale clause on your low interest rate loans.

Sale price was $30K.

Purchase price: $67,500 Cash invested: $17,500 Sale price: $147,000 Home in Dayton, OH.

I'm looking at some investments in OH and will create a LLC there to own the property, but I can't quite figure out how (or IF) I can avoid registering the entity (as a foreign entity) in CA, where I reside.

TIA I look at these things the most when looking for BRRRR cities - Rent-to-Price Ratio: Look for cities where the average rent is high compared to the average mortgage cost- Population and Job Growth: Focus on cities experiencing steady population and job growth, higher than national average- Availability of Distressed Properties: Look for cities with a supply of pre-foreclosures, short sales, and abandoned propertiesNormally bigger cities in those states should do well, houses are still somewhat affordable (comparatively) and if you do a big rehab it'll pay off