You also don't want to over-improve but if you're keeping it as a rental you don't want to have to replace them within the first few years either. 

If I wind up in a pinch then I’ll dip into my personal cash reserves.  

I have one LRT and one STR which are both under our personal names. 

The first thing you need to know is that mobile homes are NOT real estate; it is personal property.  

But hopefully I can add some value here with personal experience.  

How do you guys keep track of your portfolio financials?

Meet them in person and have them sign it when you pay them.

Tyler keeps it real, is extremely motivating and I couldn’t sing his praises enough.If you go, you will not be disappointed.If you subscribe, you will not be another number, you become family.

For me, personally, it's areas that are landlord basic to friendly, strong industry growth or potential growth, and personally I trade/buy/invest in houses that I see inventory pick up but the fundamentals stick meaning it's a great area.

And you've joined one of the best communities for all things real estate investing.1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...Also, read Rich Dad, Poor Dad by Robert Kiyosaki and Think and Grow Rich by Napoleon Hill 3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars. 4️⃣ Keep asking questions here on the forums.5️⃣ Visit (join) a local (and legit) real estate investment association.6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcampsI wish you all the best in your investing journey!