4) What if I do the same for renting car to my own LLCs via a fomal lease agreement ?

Hey @Debbie Palmer, so I am with @John Underwood on calling.https://www.loganutah.gov/government/departments/community_d...There are several folks listed on that site that should be able to advise.I will say that she will essentially need to clear out all her personal and important things.

MLS and David Greene's own Bay Area team helped negotiate How did you finance this deal?

However, if you generalize, if the company isn't personally investing in deals and is solely working off fees and carried interest, then I agree that you probably aren't seeing the best deals.

I never lost the desire to start my own business and "work to live, rather than live to work".

Two different banks, four different closing companies (because three of the sellers wanted to solely use their own companies). 

Recommend staying away from owning the mobile homes... 

He owns a primary residence which he currently lives in. 

I already own an LLC (residential contractor) and understand the liability benefits of running this deal through the LLC.I'm only asking about the differences from a business perspective (taxes, showing the income as business income vs. individual income, etc.). 

Have your standard Home/Hazard insurance on the property and your personnal "umbrella" policy for liability.The company itself will be required to maintain their own insurance and each patient/resident under their care will sign a contract with that company, not with you as the property owner.I have a 5 br home in Oahu, HI leased out for the next 3 years to a residential assisted living facility above FMV rent.Biggest thing is making sure that the company does THEIR DUE DILIGENCE in pulling the permits and making any changes to the home in order to comply with the state regulations.