Seller should transfer the property into a land trust.   

Is this ultimately a land play? 

Quote from @Rene Dittrich: We are selling 2 lots of land and would be open to do seller financing for one of them.

Sell your investment property and buy the land for your business. 

Are you in an area where land is very valuable leaving you with less to depreciate?

Land has gotten expensive in Charlotte but the new UDO has allowed for expanded density on infill lots.

Though he prefers to reposition existing multifamily properties, he has also subdivided land, built homes, and constructed self-storage.

Every deal has a challenge—whether it’s a seller with an unclear title, a property with zoning issues, or just finding the right buyer who actually sees the value.I’ve been navigating all of this while working on land and mobile home deals, and honestly, the problem-solving side of it is what keeps me hooked.

Do you know what you are doing based on actual practical hands on experience?

If the land is included with the mobile home, there are DSCR lenders that will be willing to lend up to 70% LTV as long as it is not a rural area.