The market between the 2 locations & resident class (Especially if you plan to self mange or find a PM company), Your future goals and the costs associated with moving and transferring to a new hospital. 

And then finding an experienced active investor and putting passive IRA money into a deal with them and learning the ropes along the way.First of all, does this sound reasonable?

You can shop 10 or 20 lenders in a weeks time, find out what products they offer, what rates, what overlays and qualifications they each have for you.... 

Get on there and find a meetup.

I was looking to learn more about getting into Mobile Home Parks and had a few questions that I was having difficulty finding answers to.

How did you find this deal and how did you negotiate it?

We are in Sub-markets, which have led us to having a very small general contracting pool and can't find any contractors to keep up with demand.

This means that when you sell the property, your adjusted tax basis is lower, which increases the capital gain you must recognize.Additionally, any accelerated depreciation taken is subject to depreciation recapture at a higher tax rate (up to 25% for real estate assets) rather than being taxed as long-term capital gains.So, while cost segregation provides significant upfront tax savings, it also increases your capital gains tax liability upon sale unless you use a 1031 exchange or other tax-deferral strategies.You can find your current tax basis by reviewing your depreciation schedule (Form 4562) and prior years’ tax returns, specifically looking at your adjusted basis on Form 4797 (for sales of business property) or Schedule D (for capital gains and losses).Your CPA should be consulted prior to making any decisions. 

Do to the state mandates that require 100% reserves in all categories, combined with the rising cost of their neighborhood insurance policy, my strong recommendation is you find out what further anticipated spikes in association dues & if any possible special assessments are looming.

My number 1 client who loves me the most, what they do is find undervalue property, purchase it at a steep discount with 10% down bridge funding.