This kind of govt nosiness and overreach is why I initially decided against the financial planning industry before starting in credit. you can thank 2008 and all the fraud that went on for that.

We plan to remove them all to protect from tax increases on our current primary, but I am afraid that now that the other properties won't have homesteads, we may see skyrocketing tax bills and it will eat into already small cash flow from rental income.Does anyone have advice for how to handle this situation other than just increasing rent?

Once any ongoing damage has been mitigated, you'll need to have a lot of contact with your insurer to discuss your rehab plan.

I plan on my income jumping a fairly good amount, especially since I will transfer to working a full time position.

My plan right now is reading up and down this forum and learning as much as I can.

It’s something to keep in mind as you plan your move.Feel free to reach out.

Hi, I'm planning to start investing in mobile homes.

It depends on what the terms of your mortgage are.Pros-with no mortgage, you have higher cash flow.Cons-if you plan on buying more properties, you are better off saving the money for a down payment for your next place.The big questions are: can you get higher than 7% return if you invest that money elsewhere? 

It requires careful planning and diligent execution.

Your story proves that being in the game creates opportunities you can’t plan for.