Better to have fixed rate long term debt.Which direction you choose to go on your refinance really depends on your risk tolerance.   

Cheaper/easier for you to buy an umbrella policy for that extra “sleep at night” cover.I’m going to run a report at work maybe and come back with real stats on likelihood of a large loss.For me, I am considering LLC for tax purposes depending on what happens with these new proposed changes.

depends on the market many markets are so robust.. sellers just list and sell no problempersonally I just look at it like anything else I buy there MUST be significant equity other wise why buy it. to buy it for retail .. at least for me.. leaves you no exit if the loan is called..

For your first property it depends on what you want to do, buy and hold or flip. 

Depending on getting the rent each month to be able to cover the mortgage is a sure recipe for disaster.

@Petit Morne Depending on the city, and if it is in the city limits, they may not allow new mobile homes or they may not allow you to hook into the city water/sewer if the zoning isn't right.

It would depend on the finish that is on it now. 

@Kimber LockhartAs others have said here Richmond has serious rent control and when the tenant needs to move out on your own...otherwise you get the pleasure of PAYING them to move and it's between 12K to 20K per unit depending on how long they have been there. 

shoot me a PM I may have a lender for u but it will really depend on the rates you are looking for 

Depending on where you’re getting your funding, the finance company may require you to close under a LLC anyways.