Here is the property I am interested in, and have attempted running calculations on:https://www.realtor.com/realestateandhomes-detail/318-E-Plum-St_Mankato_MN_56001_M76689-72127?

Also no insurance.Finally, the IRS Audit likelihood for a 1040 with 6 Schedule E properties is about 10 times as likely as a 1065 (with your spouse) or an S-Corp.Then you can get a single K-1 and do your own tax with Turbo Tax.

I believe he is working on completing a roll up of the RV parks in the hopes of selling it to P/E down the road. 

Smoking is considered cigarettes, cigars, pipes, hookahs, water pipes, vapes, e-cigarettes, and any other like instrument that produces smoke or vapor, regardless of whether tobacco or other consumables are used.

The teant responsibility on the lease under maintenance section described as follows: E.

My (very limited) experience lines up with what @Scott E. said. 

Accumulation of weeds, vegetation, junk, dead organic matter,debris, garbage, offal, rat harborages, stagnant water, combustible, materials, and similar materials or conditions on a premises constitutes fire, health or safetyhazards.Violation 2: Enter/Occupy Posted STRUNarrative/ Ordinance Description: No person shall enter or occupy the residence due to fire damage and hazardous conditions.Violation 3: Heating facilitiesNarrative/ Ordinance Description: No heating due to no power PG&E pulled the power.

U could order an E an O report for small dollars to check it out..

A great book to read that explains this is The Entrepreneurial Myth (The E-Myth) by Michael Gerber. 

Louis, would be happy to connect or meet up.https://www.stlreihappyhour.com/https://www.eventbrite.com/e/tours-pours-august-tickets-7523...