Your guys' agent should have slapped him around a little and nicely informed him that he's nuts.

Carl, There are nice mobile home communities that include the parcel of land under the home.

I think that equity gains in good areas tend to outstrip the value of cash flow in the long term but if you're pumping money into a rental property you're going to need a hell of a lot of equity to make up for not only the additional funds you put into it, but the opportunity costs lost in that money and the money that's in the property. 

But in true Private Money you can get the top guy on the line which is nice, but don't expect them to budge. 

You have the flexibility to show your own units and manage turnovers, etc.I see a couple of nice multi-family properties in your area for sale.

I've heard at least some of this before, but I'm paranoid and don't necessarily take the best notes of what I bought etc, so the physical receipt is a nice tangible record if I ever need to justify an expense. 

If you have an LLC in CA, you are going to need to file taxes there for your LLC, period.

Sure, 14 days of tax-free income is nice.

The nice thing is you can use those pictures in the future when you go to sell the property

It’s nice to see that we are in the same area!