Quote from @Victor Correa: It’s Mobile Home with Land I’m taking over both land payment and Mobile Home payment and right as of now is considered personal property but you just open up my eyes and I’m thinking what we can do is convert into real property and then transfer the land and that way it’s attached to the land Your thoughts?

If it is a legal 4-family, you should have it converted to a 5-family.

You weren’t trying to convert an owner occupant to rental. 

Going forward, make sure you convert your lease agreements to PDF and have them backed up.

Adding Square FootageIncreasing the usable living space of a home, such as by finishing a basement, converting an attic, or adding extensions, can dramatically raise the ARV.

You would have to convert the rental to an LLC if you want the expenses and income all in the LLC.  

Convert them into income machines!

Just a quick comment and recommendation about Roth conversion: Never convert cash into Roth; if you do - 100% of the cash converted is taxable.

Hi all! Has anyone had success turning a duplex into a quad? Currently I have a mortgaged Duplex. I've been told that I can turn it into a four unit if the city allows it.
I'm in Atlanta and currently my place is zo...

Unless an investor uses a non-recourse loan the liability remains with the owner personally vs in the DST and invested into other large stock exchange companies which have the liability.6) Convert an illiquid asset, like a business, primary home, art, collectibles or commercial real estate, into a diversified portfolio of liquid investments.