I think I'll stick to introducing myself with my legal name but utilize my nickname later in my professional relationships as a way to build rapport. 

If you happen to have substantial cash reserves (and depending on the price range of the property), you may be able to utilize it for the 20% down and for servicing the loan for the flip.

Chattel lending is quite different from mortgage lending in a number of ways: 1.The majority of chattel lending on manufactured homes is done by very small entities that could not survive the requirements you set forth in your proposal.2.The majority of chattel lenders utilize their own funds, rather than FDIC, or government insured funds with which to make these loans.

This will also give them long term capital gain tax treatment as well or possibly do a 1031 exchange with the properties.Do other BP members utilize a net cash offer strategy such as these?

If they don't want it I'm sure they know someone who does.Thank you for sharing your search criteria on ListSource with me I was utilize that tool asap.

But, you're henerally get good title, with title insurance....having said that I always recommend using your own title company and paying for it, since their title do.s generally don't do the searches for the unrecorded utility/code violation liens, etc. which will be exceptions.

I'm not from your area or even state but I utilize some creative financing methods both for myself to purchase and selling.

My gut tells me that the above all in price of $60k is a little heavy for the $1,000 to $1,200 gross per month. 

. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement has water issues and foundation issues.

Your personal assets and cash are on the line but does not come close to what you are being sued for.Regardless of if you did increase your coverage, if the insurance coverage is not adequate to cover whatever liability you face, and you dont have an LLC to insulate personal assets from business -- your personal assets is at risk.If you do have an LLC, theoretically, only the assets of the LLC would be utilized to address any tort that arises in the course of doing business as the LLC and would/should shield your personal assets if the insurance is not adequate.