She can still kick you out if you can't handle it, you can walk away and only loose the 1%.However, that still is a lot of trust to spread around.

He used a different inspector every single time.When it comes to remediation I believe that there was nothing done at all (except windows change and that was done to not to loose so much heat in the winter).

(this is a lending question: ask your lender and see the pros and cons) and like the person above me said: you can get a hard money loan: to close and then refinance right after: (you will loose some money upfront but you can also offer: 80k cash (and even if you lose 5k to 10k by using hard money initially - you are still in the clear and got a great property) 

Realistically lending is never going to be cheaper.Equally if you leave your cash in the bank and get less interest than inflation you are loosing money waiting for a time that 'Might' be a better deal......Get a great deal now and enjoy the rental income and watch the market safe in the knowledge you are making money every month and will certainly profit on the market value over the next 10+ years.....Research, grab a calculator, start haggling and buy your way to financial freedom. 

That way, if we need to, we can ensure the lock for that unit is completely different in a matter of minutes and all we need to do is switch the keys out for our management set (I also like to tape keys to loose cartridges/locks so we can easily reinstall them somewhere else later).

How the agreement between the two investors (one holding property ownership, one doing the hosting) is what dictates risk of loosing property and our deals are structured with a locked in 13yr right to property, I would say that lends considerable comfort zone. 

bad tenant, non-paying, you are loosing $ monthly, I would consider alternative options.

$1626/mo feels low for 9 trailers but from the looks of the trailers that are on there if I bought it and raised the lot rental then I would probably loose the majority of the current renters. 

Assuming the landlord is competent, is acting within the bounds of the law, and has done nothing wrong, it's very uncommon for the tenant to actually sue the landlord in these situations. 

Turning a handyman loose and only using his recommendations would not be wise(unless he's also a realtor, knows rental law, AND housing code.