Not looking forward to losses, just meant in the sense that I have a new STR and will expect to incur losses in year 1 and this is advantageous from a tax perspective in a sense.

@Jefferson Black- thanks - I am not aware of any lender that  will do a loan on an INV  manuf home property ...you might contact the local small to mid size credit unions and banks in your area ...you also might try the bank that you have  funds deposited at - good luck

Maybe one the contributors on BP will see your message and start something like that.  

Are you looking into getting a cost segregation study on your property and wondering what benefits the study may provide and how much it will cost?

It sounds like you've absorbed a bunch of problems already and a new sewer line and the current basement situation will cost you way less than the $50K in fees to sell it. 

.- Property Class will affect location, tenants, maintenance, vacancy, etc.2) Not doing enough of their own due diligence when buying a property. - Trusting agents & PMCs too much!

I think this group of investors will be more than helpful. 

I have no interest, and neither will a majority of investors. 

You will find that to be a valuable resource.

Lenders look at creditworthiness/balance sheet/track record and the collateral in determining the leverage they will offer.