These homes tend to individually appreciate over time and are actually not bad places to live.The places with the lot rent you have to decide if you want to be in the mobile home business and buy the park.

Both could be vacationers or business travelers or anything else.No matter what you quantify your STR is, you need to fully furnish it well, have plenty of amenities etc etc.

Our business plan actually includes rehabbing distressed properties and conducting off-market transactions with owners currently occupying distressed properties using equity to reduce the out of pocket costs for the seller/buyer and to simplify the process.

While he wasn’t successful getting the insurance companies to accept liability (initially), he pointed out to the plaintiffs attorney that (1) the owner of the condo was an LLC, not me personally, and that’ll business concerning the condo was done in the name of the LLC, and (2) the only asset of the Series of that LLC was the condo itself, so that the legal entity owned only that single asset.  

Secondarily, LLC ownership is very helpful for business planning.

I've seen numerous QI's fail during my 40 years in the business, and most of the failures would have been prevented had their been government oversight. 

Quote from @Keaton Sheffert: Hello BiggerPockets Users,I am looking for advice on how to best convince my local zoning commission to accept our proposal for a rezoning from residential to commercial (for apartments).Background: My business partner and I are hoping to begin our first development in 2025 in our small town in Southern MI.

My business partner and I just purchased a 6-unit multi-family property and are curious if a cost segregation study would be beneficial and when the depreciation can be applied.

I opened a business checking account with Regions.

Watch out for the name Eric Lee as well as the company Sowae Corp and be careful not to do business with him or provide your personal information.