But, a prudent sponsor will exit sooner, to his/her own detriment, if we feel that the risk/reward is flipped.

One of the main points it attempts to drive home with appraisers, is that each appraisal assignment is unique, and each assignment must be tailored to serve the valuation problem at hand and as a component of the valuation problem, the expectation of the user/client.

There are 3 major components to buying rental property.

The magic is when all components are hitting on all cylinders (great location, operator, business type, parent company corporate support, etc.) 

All strategies can make a lot of money, but the key ingredients missing in the 1-4 family strategy that you have set out is that there is no value add component and no large scale. 

While MHP Parks can be a cash cow you have to make sure you buy right, and that there is an add-value component.

Like ANY property class, there are only 3 components that have to be done right to make it work:  Acquisition, Rehab, and Management. 

@Victor BaronichWhat your CPA is probably saying, and that would be correct, is that hours you spend working for your real estate business inside C-corp do NOT count for qualifying as REPro and probably kill REPro.What is puzzling to me is that REPro would be useless if your rentals are inside a C-corp anyway, and rentals should not be inside a C-corp to begin with.Your setup seems to be very detrimental, as @Eamonn McElroy mentioned.

All strategies can make a lot of money, but the key ingredients missing in the 1-4 family strategy that you have set out is that there is little no value add component and no large scale.

@John Mitchell hi John, I have a fourplex in the Peninsula, a couple of Airbnbs in the Valley and a few commercial properties elsewhere in NS.Prices seem high right now, vacancy low, and inventory scarce, so in my opinion combining a house-hack with a short-term rental component would be a great way to get into the market, gain equity & experience.