Total cost is $3,200.I know the De Minimus safe harbor rule allows you to deduct anything under $2,500 and that anything over this amount, if considered a capital improvement, would need to be capitalized and depreciated over a certain period of time (the life expectancy of the improvement).

@Paul De Luca thank you!  

There’s usually a one-time per loan fee for boarding (approximately $50) and if you decide to leave the servicer or take back a particular loan, there’s usually a $50 (approximately) one-time fee for “de-boarding” the loan.Skip Tracing – Servicer will research many different avenues to try to find your borrower.

@Lexie De Stefano Thank you for that input!

Quote from @David De La Torre: Hello fellow real estate people!

The New Park Building Boom That Never Was - Mobile Home University Frank is the de facto master behind Sam Zelle when it comes to mobile home park knowledge.

Are there any seasoned RE agents/ REI that have experience with the Philadelphia/ DE markets.

I'm a wholesaler located in delaware, I'm trying to network with investors, agents in the surrounding areas.

@Paul De Luca I’ve looked into the program.

Quote from @TOMAS DE JESUS: Hello to all, I am Looking to start my first and many more to come flips,  I have a good team for tear down and remodeling, but I need guidelines on where to find deals and structure them correctly plug in numbers, etc any help will be very appreciated thank you in advance BP Community!