If so this isn't going to work on a rental... you're limited by the LTV (75-80% typically). 

@Jacob Calbillo you are limited on how many mobile and site built homes by the water and sewer available.

@Frank Wong Thanks Frank, I’m going to put an offer in today, I was just speaking with my broker and he said the bank told him the other offer they have is a “solid” offer...We’ll see what happens, if they come back asking for best and final I’m thinking 205k will be my limit.

@Tom Gimer Thank you for your measured response, I appreciate your willingness to take the time to engage on the issues with me on this in pursuit of an answer.

The optimal thing would be to have a tenant move in the day after repairs are done, limiting vacancy costs. 

I love Kent, but supply appears limited. 

A pistol range or skeet shooting field if you're out of the city limits. 

My question is, does the fact that the LLC will own the property expand my refinance options at all, or would I still be limited on an LTV standpoint because it would be a non-recourse loan since I can't personally guarantee it?

We registered the property as Volare' at Longview, LLC in Texas as a foreign entity, since the sponsor lives out of state.A&M Equity Group, LLC is the managing member of Volare' at Longview, LLC and the investors are limited members.I hope that wasn't too confusing.

Assuming he viewed the property and did his own measurements he shouldn't have missed $200 worth of materials.I agree that additional scope happens after projects begin, especially roofing and other projects where you start to dig into the structure.