And since you are licensed, you can potentially do some sales on the side to increase income and save up for investing.

There are so many potential problems.

Flipping, renting, or sitting tight for long-term appreciation-there is potential for anyone willing to do the work.

You must exclude the land value, typically allocated based on property tax assessments or an appraisal, as land is non-depreciable.

And What other conditions/terms/costs do you calculate when underwriting the potential of a deal?

Expand your network, educate potential investors, and leverage social media to increase your reach and influence.

@Brian KohtzYes, you can potentially claim the property as a rental in 2024, but it depends on when it was "placed in service" for rental purposes. 

All depends on the market or if you want to be one of the only properties to offer a hot tub in your market, which could potentially tip your property to a top line in revenue and occupancy. 

You should also verify whether the lease agreement allows for ownership transfer without landowner approval.Owning the trailer means assuming responsibility for lot rent, potential removal costs, and liability risks.

If you buy a whole portfolio and your projections are off then you are potentially in trouble. 3.