The trailers in the Mobile Home Park (MHP) will likely be treated as personal property and can be depreciated over a shorter schedule, typically 5 or 7 years, rather than the standard 27.5-year depreciation used for residential real estate.

Denying Based on Court RecordsYes, you can generally deny an applicant based on publicly available court records, such as evictions, judgments, or warrants in debt, as long as the information is accurate and you apply this standard consistently to all applicants.

Are there any tried and true/ industry standard sites, forums, etc. where those looking to avoid capital gains look for investment properties?  

Even if you can't get the 100% of purchase + 100% of rehab though, you could still be looking at only needing to cover 5%, 10%, or 15% of the purchase with seller financing as opposed to the more standard 20% down on a DSCR loan.

This is standard information that we ask all hearing potential witnesses to provide.

The tax law does NOT define specific requirements or standards for cost segregation studies, and neither does the IRS.

If you took the hit and lost money on this one tenant, by what standard would you refuse to do so to other tenants in comparable situations in the future?

Or try the reverse - rehab a property to Class A standards in a Class D neighborhood and try to get a Class A or B tenant to rent it.Unfortunately, many newbie real estate investors are jumping into buying affordable Class C rentals - expecting Class A results.

I'm concerned that if I place an ad to find people who will work on an hourly basis (in the area of the property) that I might have a hard time finding people who can reliably respond to emergencies during off hours, but I can't afford to have someone working full time or with standard on-call rotations. 

Hey Chris,Yep that is pretty standard to do, feel free to reach out if we might be able to help.