There is just so much more that goes into it.In a value-add deal the business plan is typically to go in and make improvements to the property, which ultimately allows you to capture higher rents. 

And as @Basit Siddiqi pointed out, you will likely need to file an Ohio nonresident income tax return to pay tax on the income you earned from the property in Ohio.Regarding whether you want to have an attorney look at the lease, that depends on your risk tolerance, the type of property, the type of tenants, etc. 

I know we are grown and "can do whatever you want with your earnings", but one thing I see a lot on youtube, forums and such, is the omission (knowingly or unknowingly) of advice to young investors who have earned their first deal cheque or after theyve done a few deals.Im curious to hear some perspectives. 

In regards to the your current PMI, they are are typically required to drop PMI when you reach 78% but, you may need to request that in writing to your lender most require it and you need to be current on your payments so far.

Looks like a typical assignment agreement. 

One specific question I do have is, what do you typically do before you make an offer on a MH?

Listening to the BP podcast, I recall several people mentioning they have used them as well.How do coaches typically make money off somebody like me?

I am not sure if I over did the rehab on the house I was just asking people in the market how their BRRR's typical look.

Conventional systems will typically cost less than $20,000, but if an Advantec or other specially designed system is needed costs can reach or exceed $30,000".See Cesspools and the Rhode Island Cesspool Act Frequently Asked Questions and The RI Cesspool Act Goes into Effect 1/1/16: What Buyers & Sellers Need to Know (from which the quote above was taken).You will want to check with your mortgage broker, however, with whether the bank will have a problem with a repair credit that large.

Many of the problems are minor -- typical of a home just built -- but there are a few that seem important and hard to solve.