Hi Clara,Here's my opinion.1) Obtain a free estimate from your own GC. 2) check market rents from a reputable listing agent.

Chad Raggio,I have a long and successful history of investing in manufactured homes in parks.

When my Grandmother was an agent, it drove her insane and she stated that her reputation suffered for the low ball offers she was forced to submit.

Also common: landlords who don't address the extra maintenance required at the coast and end up with a rotten building and a bad reputation.

With same model and manufacturer.

As trustee of your own 401K, you can allow the first payment to be made 3 months from the making of the participant loan.Is this enough money to start a bakery, open a restaurant, fund a manufacturing company?

IMO, any "newer" RE type starting a N/P will have their work cut out for them attempting to get off the ground and without a reputation, it will be difficult getting such professional to climb on board with a housing N/P.

Real estate markets are carefully monitored by local investors in any market no matter how much of a dump the location may be.Could be a cloudy title (contested ownership), astronomical tax liens, unpaid bills tied to the property, major deferred maintenance, or any number of crazy things going on.Call a reputable company in the region and a full appraisal or two can be done for 2-400.

I'd recommend finding a tax professional (Preferrably a qualified and reputable Enrolled Agent or CPA) We here on the board can definitely help you find someone.Summary: Everything can and will be deductible.

Might end up lower, depends on what is wrong. 1 bds have a reputation for high vacancy especially in lower icome levels.Being close by is a plus, will you ever move?