Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

It sucks because Lonnie was a pioneer with his taking back notes on mobile homes and being a Lonnie dealer inside other peoples parks. 

@Anthony Wick hey Anthony, not the first property we have owned, I sold a duplex to help pay for most of this purchase, and have a home in Park City Utah that has a mother in law apartment.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

2505 11th St, Galena Park, TX 77547Investment Info:Single-family residence fix & flip investment.

However, houses are frequently, almost routinely, removed from the sale process when the borrower makes a catch up payment or two or when the bank perceives some risk to a sale meaning that the property may leave a deficiency.

Parking is another problem. 

Operating expenses are routine and necessary costs to keep the property in its ordinary operating condition, and they are typically deductible in the year they are incurred.You also mentioned the benefits of classifying something as an operating expense versus a capital expenditure.

Desirables: 8 min walk to trains to NYC and 2 parking spaces.I feel the property was not built well and future leaks are inevitable. 

.- on a fixed /closed end loan you cannot reaccess your funds so if you plug in all of your available excess funds as "extra," principal you could have an emergency where you need to access your funds again and you'll be stuck- on HELOC's and 1st position liens the interest is calculated daily and with regards to products like AIO or all in one mortgage from CMG financial the interest is calculated daily and settled/swept at 12AM each day allowing every outstanding dollar you park into your line to work for you within your line of credit.