A local charity wants to rent my SFH in order to house up to 3 patients along with a 24 hr staff. 

If the house is paid off, that takes away a lot of pressure.

It protects the asset (the house/property) that the loan is on.   

The ability to house hack with a separate living space How did you find this deal and how did you negotiate it?

I have owned and rented a house in New Orleans the past 3 years. 

Meanwhile your peers who own $100K houses in Detroit (no knock on Detroit, just used for illustration purposes) feel the need to create a convoluted web of entities and ignore most of what I shared.

I have already had experience in analyzing house flips so I'm confident in my skill set there, but how should I expect mobile house flips to differ from normal house flips when it comes to ANALYZING the deal Any help is very much appreciated!!

I'm just about to close on my first four-unit, which is probably typical of what is available in Maine, in this type of neighborhood, at this price point - which is old housing stock, tons of deferred/poorly done maintenance, and relatively high labor/construction costs. 

My mgt s-corp is on record as the 'landlord' and signs the leases whether a personally-owned house or a commercial apt bld owned by one of my LLCs.  

I have been buying tax liens for about 15 years and have quit my day job as an electrical engineer due to the Tax deed rental houses I now have.It takes work.