Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

As someone who has a big focus on working with investors, I want to ensure I am able to gauge who will be most helpful in dealing with unique situations, creative financing, etc.

This may seem like a hassle, but if you are going to move or use money in retirement accounts, HSAs, FSAs, 529s, etc. it is always better to ensure that you are doing something that is allowed and that you are doing it the right way so you do not get kicked in the checkbook by the IRS.Always be cautious,Allen Fletcher

However; with it being built and assembled on the lot, I'm sure it will probably still be considered manufactured housing, which by the way is a cost efficient way to build and in many instances more energy efficient. 

However, I'm still unsure how to actually perform the math accurately, and efficiently.

@Andrew Graziano I usually just ask if they have considered the benefits of owner financing the property.In my opinion its not efficient to try to convince people to use owner financing, you need to target a specific seller who will most likely be open to it.

If you did not order an appraisal, then you have just learned the hard way that you need to measure out the square footage yourself, at least calculate a rough estimate to ensure the number in the records is accurate before purchasing the property.

Now you must find your own way.4-hour Work Week (Tim Ferris) - working more efficiently=getting more out of lifeRich Dad, Poor Dad  (Robert Kiyosaki) - This book opened my eyes to the wonderful world of real estate investing.

How do I handle ensuring enough cash reserves for an apartment when I don't have a large amount of capital?

If they call it, you must be prepared to 1) remedy it (may or may not be allowed), 2) refinance it within 30 days, or 3) pay off the loan in full some other wayYes, put the bills in the name of the LLC and start tracking the entity's finances to ensure that its finances stay separated from your own.