Quote from @Neal Schadler: I have several properties in Cleveland and the surrounding areas.

The land is tangible and the mobile homes are considered Personal Property and titled like a automobile.

I use the property myself, but if I couldn't afford to keep the place vacant all year long I'd have been in trouble. 

Whether it be cleaning their properties or doing manual labor.

You were not afforded a reasonable (in most states, 30 days) amount of notice to re-market your property. 

You pay a bit more, but you get exactly what you want and don't have to worry about maintenance for a while which is obviously a savings.I live in the Woodlands, so considering the location of my home and rental property, I'd ideally like to build this in the area of The Woodlands, Conroe, Spring, Tomball, Klein, or Cypress. 

@Eric Greenberg yes, I own a property at 9th and Diamond.

@Juan PerezCongratulations on paying off your first home and transitioning it into an investment property!

hi 3 years a ago i purchased a 15 acre mixed use property in disrepaire.it consists of 55 mobile home/RV lots3 duplexes a  3 bedroom housea  2 bedroom housea storea shopa lundery matwhen i bought the property in was really really poor shape.   

Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.