It would depend, for example, if you hired a service to contact every owner in a particular zip code, you might get the FTC and FCC sniffing around.

Your success will depend on buying appropriate investments for the local market. 

The amount of tax you'll pay will depend entirely on what the adjusted basis of your sold mobile home is at the time of sale vs. the net sales price. 

Septic will depend on your state and local codes.

Depending on the number of rooms, section 8 may also be a good option. 5BR is paying like 3K with utilities in PVD.Ultimately, I think you should sell it.

I've had broken windows, paint, and plumbing items flagged for repair but never stairs; although I have seen some really poorly constructed staircases and it's not terribly surprising to me that something like that could get flagged.Ultimately It's negotiable with the seller, although you should come to terms with the fact that you're an FHA buyer, and the seller would not have this issue with a conventional buyer; it entirely depends on your circumstances whether this is actually something the seller should pay for or not. 

You want to buy any new properties in a LLC but also depending on how much you want to scale your real estate biz, you may want to create a holding company LLC and a S-Corp if you get large enough.

Here are some of the key things to keep in mind when choosing an asset protection strategy for your rental properties:Your risk tolerance: If you are not very worried about being sued, you may not need the best level of protection.

I think this depends on the bank and of the allow helocs on rental properties at the time the loan was underwritten.

@Ricardo T.It all depends on your risk tolerance and what gives you peace of mind.