Hi Sara, Ultimately, the decision to keep the property as a rental or sell it within the 5-year window will depend on a combination of financial, market, tax, and personal factors.

.: Are you expecting the California government to use taxpayer funds wisely, the same government that spends $42,000 per homeless person?

That all revenue generated would have to stay in the company and couldn’t be used for personal things.I’m trying to find a way to use my God given talents and the only one I seem to have is in Real Estate hahaha.

Nice part about SMR is they accept money orders (which we know many MHP tenants like).Never collect rent in person.  

This is the action stated at heart of anti-trust. 

I'm going to go against the grain here as I often seem to do...I personally hate the traditional turnkey model.

I declined and suggested they move forward with the bid they felt most comfortable with at their own expense but they then seemed to threaten legal action in a veiled manner citing their understanding of Minnesota state law which they feel puts the duty for pest removal on the landlord.

This is what happened when I saw her in person. 

Mainly, the LLC prevents a loss from spilling over into your other investments or your personal finances in many cases (though not all).

Personal credit and assets will also be used and the amount of assets you need would depend on how many properties you currently have financed.