I still love the idea, would love to own a houseboat for myself, and maybe when I've got more disposable income and can afford to invest "for the fun of it" I'll go for it.

-OSHA safety logs-Asbestos training for each worker-Safety Policy Manual-Documented Safety meetings-Tyvek suits-Special procedures for asbestos removal and disposal-Air monitor testingThe list goes on and on but hopefully you get the point.

If the mobile home is producing rental income and you don't plan to move /dispose of it, I'd go with conventional and keep it.  

Anyhow, my lender is an investor as well and he is concerned with the size of the houses and maintenance and expenses that might acrue over time being out of state (i.e. fixing garbage disposal, gates, cutting tree limbs that break during winter that my husband usually does).  

And in the vast majority of cases that compensation is provided by the seller.In what other professional services industry can you hire someone who is a legally obligated fiduciary, who puts tools and knowledge at your disposal, spends evenings and weekends showing you homes, writes any number of unsuccessful offers (in this market) on your behalf, and risks not getting paid a dime if their efforts do not deliver you a house you love enough to spend a third of your income on?

And even on the one I funded to this same guy when I finally had to take it over and dispose of it.. there was a mistake on the deed and the wholesaler that sold it was a little persnickety about being inconvenienced signing a correction deed..

Your financial spreadsheet is a budget which is also essential to maximize disposable income; however, you will have a lot to gain from doing that.

I have 200k at my disposal right now and want to do some flips to up my cash and then focus on BRRRR.

You can enact a take in take out policy to have the guests take out their own trash but typically the housekeeper can take it and dispose. 

It would be the LLC that will recognize the gain or loss when it disposes of the property.Hope this is some help.