If anyone has experience with mobile home parks or multifamily deals in high-demand areas, I’d appreciate any insights on what worked for you—or what to avoid.I believe in the potential of this property and am eager to make it work.

Utility bills and maintenance records will give insight into operational costs.

.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!

Any experience or insight you can share for Yakima?

I would love to heard about your thoughts and insight.

Thanks for sharing your insights and experiences here!

Also paging @Garrett Brown the STR specialist to see if he has any insight to this area or advice on how to get to one of the top STRs in your neck of the woods. 

I’m always happy to connect and share any insights from my own journey—if you ever have questions, feel free to reach out.

Schedule inspections at key stages, and involve your property manager early for rental insights.

Looking forward to sharing insights and connections with you here.