I'm likely going to be a Trustee and I'm wondering if there is any financial advantage to my Dad creating a corporate entity and transferring the house to the company, and then the company to the Trust. 

You spend more time.Start with QuickBooks, as you will know your numbers - equity and financials.

I have known real estate is one of the most proven ways to financial freedom for many years now.

I was a little worried that if I had a HELOC for the down payment then the banks or financial institutions would look at it as a loan on top of a loan.

Determine what your emergency fund (CapX) number should be, then fully fund it before you start taking money out.I know many in this forum don't go about it this way, which I also understand as well from a purely financial side.

Below, you'll find what has helped me take steps toward my pursuit of achieving financial freedom through Real Estate Investing:PodcastsGeneral Real Estate investing (I haven't listened to them all, but these were very impactful for me).

I have my business expenses, living expenses,  financial goals for both business and personal, and the value of my skills all accounted for in my rates.

This property caught my eye for several reasonsmostly because I drive by it frequentlyit offers a commercial space, apartments, and mobile home lotsit's close to my other investments and where I liveI feel like this is an area ready to grow (it's the non-interstate link from big town to small town)it's not so expensive I can't find a way to do the dealI've been investigating mobile home investing lately, and this is one way to learn thatI don't have a physical office space for my business, and this would lend credibility to my business (and allow me to have high-speed internet, which I can't get currently)I can use an apartment and rent my SFR for morethe mixed use feels like diversificationI wouldn't be surprised to see an investor try to buy this and several other spaces up for a large developmentI see potential in possibly converting the mobiles to tiny houses and increase rents accordinglyI'm not in love with the deal, but a couple of those reasons would sway me to consider a less-than-great deal, for non-financial reasons.The numbers really look not very good, and it looks like a bad deal as it sits, considering I'm adding 1000 in rent increase and no rehab in this scenario. 

A caveat to this could be if the property is in an area which I feel stands a good chance at appreciating in the near future.

Went back to two bankers last week that I got denied from for a deal—- and got lines of credit etc no issues and started a positive relationship. your local small community banks if you have good credit good standing in the community and some money and experience this is who they lend to.Now when I talk to my banker they do not do deals .