If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

We both run our own businesses but we feel that real estate will help make sure we both maintain our life plans of not needed to work as much any more.

Since you already own the land, you’re saving on a significant expense that often makes mobile home rentals so attractive.

The Annual Owner Statement should break down all the expenses that the owner's tax professional then figures out how to deduct and on what tax schedule.So that way the owner can expense everything throughout the year?   

High property taxes often signal inefficient and expensive state and city governments.Zeina, if you focus on selecting a city based on your financial goals instead of the opinion of others, you should do okay.

Anywhere near Evens has gotten very expensive, so cash flow will be tougher.

Just curious, how do you automate tracking expenses?  

He is also planning on a tile accent wall.  

Destroying the house calling board of health for tenant damages and literally every little thing creates huge expenses.

Or should I grab plans from a local builder and work with their architect to modify the plans to more of my style?