https://www.biggerpockets.com/forums/926/topics/1151922-than...Dozens of investors with decades of experience on here... very few of us has ever been sued (I was one of the few and my insurance was definitely more important than my LLC, which I only had because it was a requirement of getting a commercial loan).

About a dozen agents in my office have it, I do not though.

Otherwise every vacant lot would be assessed to have a multistory building on it.

Unless you're direct to a seller, you'll often find yourself with tight margins which equates to losing in the end.Here in Texas, I’ve gone through hundreds of deals this year and maybe half a dozen deals were worth the investment.

I understand that that a home in Jerome Village would already have property tax, that would include additional fees for the roads, infrastructure, etc. and that it's based upon "millage" and the home's assessed value. 

Also, there's the added risk of being compliant with federal regulations & state laws as well as properly assessing/vetting both the borrower and the property.

I have heard it’s cooled down quite a bit and assessing if it’s still a worthwhile option to consider as a market for str or even mtr? 

Underwriting will assess the performance and appraisal of the property based on traditional long-term rental comps.

For example, you buy a house for $1,000,000 but you say you bought it for $100,000How do they find out how much you paid for a house to assess their tax?

This could mean investing in property flips or purchasing out-of-state rentals for more stable income, but it would require letting go of the $1,350 rental income from the manufactured home.What factors should I consider for each option, and how would an experienced investor assess this situation mathematically?