The real question is how long must you hold a property before a lender will lend off the full appraised value as opposed to the price you paid for it.  

Did he mean to say that they don't do long term lease as opposed to month to month?

I have always found that walking the tenant through these steps gets you a teammate as opposed to an enemy.

I find that good deals happen when you have more leverage than the opposing party.

My understanding is that some exchanges will only sell to an LLC or company, as opposed to an individual.And for those of you using a self-directed retirement account, have you formed a SDIRA LLC or are you using a solo 401(k)?

The idea here is to use it as a tool to communicate with your tenant as opposed to actually needing it in eviction proceedings.

If the cost plays out, however, I am not at all opposed to getting a property manager. 

I'm sure it would seem more professional to send it as a letter from a company as opposed to just a guy trying to buy your house wouldn't it?

I understand your post is focused on cashflow, not IRR, but it seems that there is value in keeping that debt as opposed to selling or refinancing - even though your cash return isn't optimal, your debt pay-off is increasing every month. 

I have found that buyers of manufactured homes do value permanent foundations and homes that are "on land" as opposed to in a park.