Over time, rents may increase, improving your cash flow, and you’ll gain equity and valuable experience managing tenants and property operations.

I would like if you ever need a licensed GC to do renovations/Tenant Improvement projects I have a group for that.  

However, after renovations, the numbers improve significantly, and the challenge lies in bridging the gap between current and future performance.Expenses typically run at a 30-50% expense ratio for mobile home parks, depending on management and infrastructure conditions.

In previous roles, I was responsible for the asset management, capital improvement, repair, and maintenance of an ANG Fighter Base worth over $400M.

I hope things continue to improve for you.

.- Unrecaptured falls under section 1250 and is treated as ordinary gains and capped at 25%- My capital gain from appreciation and improvements under section 1231 was treated as a long term capital gain since I owned both assets over a year.Hope this helps.

But again, your profit after selling costs (and any capex improvements) would have to be in excess of $60ok to really make sense.

If not, work on Improving it before purchasing an investment property.  

However, we have a two-pronged process to credit repair: negative items remove and positive items improve.

Zero improvements.