@Kyle Fitch an important distinction on this is your financing.

It's a piece of residential real estate, that is not how you value this type of asset. 

I had a client who found a fantastic piece of land this way; he started chatting with someone at a local real estate event, and boom!

Congrats on the new MTR operation.I don't like the idea of putting in what may be a relatively high-cost and low-return piece of equipment in your unit. 

I am ready to be amused...I don't claim to be an expert, but as I understand it:1.Liability Protection: When you lease a property to your own LLC, the LLC becomes a distinct legal entity, which separates your personal assets from business liabilities.

I own a piece of land on which someone else has their mobile home. 

Our liquid net worth is around $1.1mm; we have an additional $480k in equity in our home and a piece of land we own.

Experience has always been my best educator and owning a piece of a pie and watching/learning from those who have done it for years is a potential strategy for you in place of or before you spend money on seminars.

Do you mean the piece of material (either steel or concrete) used for repair, or one spot of a house that needs to be lifted?

Here's a totally separate piece of advice.