@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.

Total time spent throughout the year may be significant, depending on the number of properties and amount of activities, but year end is no more difficult than any other time period they're doing. 

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

It can depend on the property, but owner paying the bills seems rare these days. 

Depending on your state, many have local lenders that will go up to 100% LTV. 

At any rate it is possible, but depending on your appraisal it could be a gamble

FHA will depending on how everything is setup.

That depends, but you can see from a bunch of posts on here that so far you're getting shafted performance-wise because a bunch of people aren't getting any dividends during a time when they could easily be earning 4-5% or more in a basic bank CD.

You'll get differing amounts and qualities of leads depending on the type of marketing, but also depending on who you're marketing to and where.

Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance.