@Mitchell Mahnken - I do not own any mobile homes but I’ve learned some things about them through my RE readings and BP podcasts.Because they do not appreciate in value like a traditional home (they actually decrease in value) you would need to factor that into your math.When considering your exit strategy, how much would this sell for after 10 years, 20 years?

Reason being – a steady decrease in the population over the last 10 years.Some other important factors to consider before stepping into a market are job growth, median rent, and median income.

And more often than not clients want to  actually decrease the value of the land so they get more depreciable basis which they will later defer in the 1031.  

@Tony ThomasIf you get some tax benefits / decrease in tax burden - it may make more sense to close in 2021.In general, I like to close on the 6th of the month if the property is rented.

It also decreases the depreciation expense in future years, which increases taxable income in future years. 

If so, the quality of the low income tenants could be decreasing over time.

Those who also invested in out commercial property equity real estate fund should be able to offset any decrease in value of the note portfolio with increase in value with the equity portfolio.

Take temporary housing and give the tenant time to adjust to the facts. 

Our goal now is to look at non-monster house 5+ units that we can raise revenue/decrease expenses and take advantage of cap rate when we refinance.

In the past I hired a US based person to make calls on a temporary basis.