In Ohio, there is no distinction in licensure, so the commercial brokers that focus on retail, industrial, office, etc, and even large apartment complexes have the same exact license as the realtor repping buyers and sellers for single family homes.  

Would be great if you could share an update with the community :-) Hopefully none that included an expensive training on how to buy a piece of land and then resell it. 

In ground leases, typically a developer is going to have control of a much larger piece of dirt and will build out entire shopping centers/developments.

One key piece of a cost segregation study is identifying the land value of your property as it helps you be compliant with the IRS and maximize your deductions and tax benefits.When you purchase a property, the purchase price includes the value of the land, buildings and the components.

Let's say this agent is generous and does share tht $24,000 with you 50/50, well that piece ($12,000) goes to your FIRM, not you. 

All of them are executory contracts and virtually impossible to comply with as the seller.If the MH is attached to the land and registered as such, it's treated as any other piece of real property.Hope this helps.

Difference this time around was the mezzanine piece of equity 20 years ago was debt financing and today it is investor equity.

I think it's easy as a new investor to get stuck on one piece of a good deal and overlook the overall benefits of a deal.

I would recommend focusing on the education piece right now, doing research, and potentially signing up for a program so you can learn more about how real estate properties are taxed.

From what you said, you can leave it and then do it in pieces if you aren't going for a full-on upgrade which you shouldn't go overboard on a unit that you will eventually leave and rent out.