I'm not a real estate professional in the IRS sense, so if I take money out of my real estate investments as profit, I'm paying ordinary income.

It doesn't make financial sense to try to rent out a 1BR MH, especially when they have to pay lot rent on top of that.

Expanding to nearby areas with lower costs and strong rental demand can also make sense.

So as investing partners it makes sense because we will both have extra cash at the same time, we partner up to cut the risk in half + we both specialize in a couple things the other does not in terms of being a rental property owner (e.g. running the books + marketing vs actually fixing things).  

If you paid $500k and houses are appreciating $50k per year, and you think there's little to no ceiling, then maybe it makes sense to spent $15k out of pocket to keep it.

It just made sense How did you find this deal and how did you negotiate it?

He is the best and sells nothing.Your idea makes sense, but as you've seen with regulations, it won't work in practice for a short-term rental.I like @Dan H.'

With mobile homes, purchasing at a price where the numbers make sense will get you a nice profit.

I am thinking 5+ units, but I would be open to a smaller property if the numbers made sense. 

So far this makes sense yes?