Property tax section of lease is definitely critical and should be examined carefully.

In a recession, you can just fill your property with section 8.

Senator weinkowski explicitly states that the state wants to guarantee that safe units are not removed from the market so there is no doubt the intent of that section of sb13.  

So check you local states Mobile Home Title forms.http://www.tdhca.state.tx.us/mh/docs/1023-applsol.pdfIf you look at section 8 on this form, you can see where you files for the lien.Good job you are thinking like a pro.

Everyone loves saving money until they realize that they were cutting corners and being cheap.

The only thing it doesn't provide is the depreciation amounts but I just manually calculate and then enter them into the "notes" section.

Do you have section 8 tenants?  

I want to know if it is possible to use this home loan for STR’s since I know STR’s (Under Tax Code Section 469) is one of the routes any RE investor can take to reach “Real Estate Professional Status,” and so use passive losses from my property to offset active, earned income (My W-2 Job in the future). 

I've had such a good experience with the Section 8 tenant at Property #1, that I said multiple times via e-mail months ago to Section 8 that I wanted to go "all-in" on Section 8 properties and build a whole portfolio around it.Now the issue is that Section 8 is super particular about making sure you have all your paperwork and permits in place before being allowed to onboard Section 8 tenants at your property.

Normally, you would only depreciate based on the life of the equipment, which could be as little ten years nowadays as a recent article mentioned new refrigerators now last 10 years or less.However, for taxes, you can do a section 179 election for equipment purchased for less than $1,160.