The permits are as more about a revenue source than serving a useful purpose in some places. 

I bought the property for the residential units, but there are a couple small commercial units as well that the town requires are used for a commercial purpose.

Hi Sara, Ultimately, the decision to keep the property as a rental or sell it within the 5-year window will depend on a combination of financial, market, tax, and personal factors.

.: Are you expecting the California government to use taxpayer funds wisely, the same government that spends $42,000 per homeless person?

Here is one I added to this list specifically resulting from this transaction:      Are there any persons or pets presently living in any of the units that are not included in the lease agreements?

Personally, I don't consume my cashflow so I have had reserves when I needed them. 

I am looking to have a fan installed in the bathroom of one of my units however there is no switch in the bathroom so I would also need that done, I was wondering if anyone has recommendations for contractors.

I'm going to go against the grain here as I often seem to do...I personally hate the traditional turnkey model.

Nice part about SMR is they accept money orders (which we know many MHP tenants like).Never collect rent in person.  

Mainly, the LLC prevents a loss from spilling over into your other investments or your personal finances in many cases (though not all).