Also, setting up an S-Corp could potentially save you on self-employment taxes, but I’d suggest chatting with a CPA to weigh the pros and cons based on your income. 

I found your post while looking for my own info about doing a potential rezone that would allow for future development in Denver.

Has potential buyers shaky.

It really depends on your tolerance for risk and how much liquidity you want to maintain.Researching the Waterbury Market:Waterbury has shown solid potential for multi-family investments.

What tools can we use to analyze the rental potential in other neighborhoods?

My rentals are in Denver which has strict late payment laws and I was able to customize the late payment options to automatically apply in the right timeframe to abide by the laws and also not accept partial payments which I very much appreciate.And if you’re curious about Baselane’s 2-day quick pay features or have questions, feel free to ask!

I have a hard money lender at 10%, who will amortize at 30 years, with 5 year balloon so a potential loan of $200k is in the works.

If you place it in service in 2024, you can potentially benefit from depreciation this year, including cost segregation and bonus.

Then it could potentially be legal depending on how it's worded.

You're right that it's getting tougher to find solid cash-flowing properties ($600 or more) in Grand Rapids, but the appreciation potential of a single-family home or duplex in Grand Rapids would be much better than that of a mobile home.