@Yonah Weiss and Account ClosedI asked the "no" folks why, and they pointed me to IRS Pub 527If I'm interpreting IRS pub 527 correctly, and if it applies, a mobile is considered residential rental property, which would seem to make it unavailable for accelerated depreciation. 

Talk to the person who reads, interprets, explains, the zoning ordinance every day for a living.

Just so I can wrap my head around why someone would do seller financing, let me see if my interpretation is correct.

We all have a different vision, sight, and interpretation.

Honestly, I'd rather have a rail around the entire porch- but, as I said in the title, I am being pedantic and am curious about how this should be interpreted.

(Note: if you are a licensed real estate professional, just because you can sell your building yourself, it does not always mean that you should-if you have partner(s), this could be interpreted as a conflict of interest as you stand to receive a commission off of a property you own, taking away from the joint profits of your joint business venture.

Interpretation of the state rules varies somewhat from city to city; building code requirements must still be met; finding the right designer and contractor can be an involved process.Whether the partial conversion is a blessing or a curse depends on what was done and how it was done - i.e. before you apply for a building permit and go through all the proper steps to legalize the ADU, is it too much trouble to remove what's already there?

Question for any one who has come upon this situation for California-based landlords-We have a single property (SFH) which we run ourselves, not under an real estate investment trust, corporation, or LLC which would normally be a slam-dunk exception from California's AB1482 bill for rent cap increases and no-cause evictions.However, we built a "SFH" (on the permit) ADU in the back, which I've read can be interpreted as no longer applying as exempt from the law, but can't find specific wording in the law. 

Here is the language they included in the contract.Now the home appraised at $325K.How do you interpret the above language? 

How are you interpreting this market, what types of REI have you found success in?