Or your LLCs may be treated as partnerships or corporations depending on what you've chosen on your 8832 election.  2.

I will grow into that rigid, corporate policy over time.  

If a corporation is involved like this in some development and offer twice + what you paid, I'd sell it and rely on the financial loss arising from the unforeseen unsolicited opportunity as causing a financial hardship and unreasonable loss, stressing that the intent was to live there.

Currently I work for an Airline as Administrator and am in-charge of company corporate & residential properties and expansion projects from which I am building a level of experience and understanding of the field.

You need to ask TREC about registering your LLC, since it is not a RE Brokerage you may not need to, but your dealing in RE behind the veil of any corporate entity is still you behind the door, you can't hide.  

One said that she would go by the MH to find out if they would require me to do some work (approved colors, replacing rotting steps, etc)It's apparent that this is a larger, out of state (I'm in Oregon) corporation that owns a number of parks.  

Property held by any S-Corporations that you may own is not (currently) counted in the GSE limits.

I am pretty sure my understanding on the topic is on shaky grounds, and would appreciate if the tax pros chime in with their opinion.Me and my wife are employed full time with big corporations and have a triplex about 3 hours away.

I used to work in corporate/retail real estate and would order geotech reports for every new store being built.

I've got policies personally and on a corporation through the agent.