I definitely want to buy more properties.

.: Hi All,Is there any way to structure a private lending arrangement so that income is considered passive (by IRS standards) and can offset accumulated schedule E losses?

I don't currently have any investment properties, but will likely work with a turn-key property managment in the Memphis/Little Rock area.My goal is to build a good cash-flow portfolio to ease into retirement. 

I think too many people move on to property number two and three before property number one is really in good shape and later they regret it.

For scaling your portfolio, consider house hacking another multi-family property to minimize living expenses while building equity.

Quote from @Timothy Frazier: Is it a bad idea to use a hard money loan as a downpayment for a turnkey property?

Can your first payment be in 90 days, so you have time to rent the property?

Upon inspection the appraiser will see the crawl space and see it was a mobile home plus a HUD tag and public record.One of the requirements in mobile home financing is the property "Must" be on a concrete permanent foundation(in order to be real property) on top of that it requires concrete pillars, skirting and the "Well and Septic" dug and placed within legal distance from subject property.

I have 3 homes managed by a property manager.

I certainly know that future years the expenses won't remain that low, but wouldn't that be a reality on a property that has a lot of recent improvements?