Keep in mind you will probably have a deductable to pay first.

I'd have to look) days before they have to pay and rescreen again. 3) I will keep shouting this from the rooftops: written policies are your friend.

They had exhibited the desire to pay down debt and had cashed out the parks before us that had agreed to owner finance.

That way you have it available but aren't paying on it right away. 

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

@Robel Nessro  Many young people are buying houses and then having roommates to help pay the bills.

The benefit is it is revolving so you can take it out and pay it back multiple times.

There's not going to be a nurse who will pay $4000 themselves to rent a 5/2 and the property wouldn't cash flow if I rent to 1 nurse for lets say $1400 / month. 

If a tenant causes a claim, why should the landlord's insurance pay - possibly resulting in an increase in premium or even a cancellation of the policy?

As we all know, you are really paying for the commission in the purchase price.