I believe that what you're talking about is a 4 point inspection.

I’m not a 1031 expert but I believe you need to use the same amount of debt you currently have.

I believe bonus depreciation part would contradict with passive investment.

I believe this market cycle is topping, and one should tread very carefully before investing more money into an 'unsure' property.That does NOT mean to stop investing; just make sure you aren't trying to catch a falling knife in an unsure environment. 

However, I've always believed that "confidence is built through taking action, especially when facing a fear or challenge."

If anyone has experience with mobile home parks or multifamily deals in high-demand areas, I’d appreciate any insights on what worked for you—or what to avoid.I believe in the potential of this property and am eager to make it work.

Nothing beats a custom optimized CRM to fit your needs and how you do business.I honestly feel like everyone selling CRM try really hard to make people believe they need an "out-of-the-box" system, but this truly HAS to be customized to how you manage your leads.For Lead generation we leverage GrumpyHare. 

You seem extremely confident in your initial claims, take me up on it.Either way, I do appreciate the honest feed back on my posts from both of you, I understand that NY is one of the hardest markets to succeed in, but I am a firm believer in the Stockdale Paradox (Jim Collins, Good to Great).Best,-JonThis wasn't a back and forth.

Lastly, plopping down 5% points for a marginal savings on a monthly payment might not be the most effective use of those funds, maybe being able to buy the next a bit quicker would generate a higher return for the cash.and no, I do not believe we will see rates below 5%, and the fed has never had any control over mortgage rates with the fed funds rate as that is the shortest possible rate overnight borrowing between banks.

. :)Now, the CC&R's are totally valid and I believe the language is pretty clear on restrictions.