The private property owner is responsible for maintenance on the private property.

I have been following the Real Estate Investing industry for a while and just recently decided to put my focus into it and implement a plan I had in mind for years.So I went down to Puerto Vallarta I put together a team of local realtors, brokers, contractors, property managers and a lawyer. 

If I remember correctly, there is a provision for properties with Fannie and Freddie loans to be moved to single-member LLCs after 12 months of seasoning if the only member of the LLC is the owner/borrower on the loan. 

Why did the former owner not execute this strategy? 

For example, Woodstock has policies that mandates that short-term rental owners rent to guests no more than 180 days per year and no more than 26 weekends per year.

This year, I’ve decided to focus on the tenant experience by painting entire walls, not just touching up!

I haven’t decided if I wanted to start with a turnkey property, or a property that’s in need of mid/minor rehabs.  

Current owner says there weren't impacted the last time it shutdown.

Don't get too focused on letting the MLS be your deciding factor on a good investment.That would be where I would start and then from there move to connect with a team on the ground.

We also need to add in escrowed taxes and insurance to the new terms, as previously the buyers were responsible for paying them, but we’ve recently had to take that over.Context:Subject property is a mobile home on land in the state of FL that is owner occupied by the family who purchased it from our LLC.