I'm not your lawyer and this is not legal advice, etc.Series LLCs are a great business form but they are still new and it's uncertain how courts will view them, especially courts in states that do not recognize domestic LLCs. 

I honestly feel that it is up to the buyer to due their diligence and decide for themselves whether they should be purchasing my deal.The best, most experienced and easiest to deal with buyers RECOGNIZE A GOOD DEAL BY ZIP CODE & ASKING PRICE.  

I don't take a completely dim view of advisors- I'd have a tough time of it trying to find someone with the education of an attorney and a CPA to do what they do for a few thousand dollars a year-- I just do it all with my eyes wide open recognizing that I'm getting exactly what I'm paying for.  

Few states directly mention Series LLCs in their statutes, some others recognize series LLCs but don't have them written in their statutes, and some states likely will not recognize the separate liability of each LLC within the Series.

Overstating taxable income can take you to mortgage fraud, no one says you must deduct expenses, you must recognize depreciation at some point, but let's not overstate income to show up better on a loan application. :)  

Typically you can identify a manufactured home if you recognize the following - there is a HUD tag similar to a license plate affixed to the home. 

FAS 143 and FIN 47, from the Financial Accounting Standards Board (FASB) implemented a provision in 2005 that requires companies to recognize the future expenses of environmental cleanup of facilities (even if leased).

As I'm sure is obvious, I'm a newbie and trying to find direction on how to start and make my head stop spinning.1-I have read books describe single member LLC's as a bad idea b/c courts don't recognize them.

It's not possible to devise such a method that won't be recognized for what it is.Conduct your activities ethically, in complaince with laws, at arm's length, showing good intentions, protect yourself by keeping properties in good condition, act prudently and use insurance as mentioned, deal fairly and you should never end up in court or ever worry about how much equity you have established.

It's a pure gamble at this point and, I'm not much for gambling and if I were, I think I have better odds in Vegas.