Obviously an unproportionate response to the potential risk of a shoot-out in the parking lot.Most people who ask the asset protection question have no assets to protect that are large enough to make them a viable target.

The park is out state and my partner owns two other parks in the state.

Don't forget to factor in an additional parking space for Brampton, and furnace dampers (most municipalities won't require either of these so it's I'd say mostly a Brampton specific thing).I think one reason rents are/were so high is the amount of students.

You may have seen my other posts in here related to a small mobile home park with 1 ranch home and 5 mobile homes.I have been waiting on the information regarding the septic design of this property for months.

If it is a trailer park I would not expect significant growth in the coming future to give you my 2 cents.

My Partners and I have been buying Brooklyn small multi's (2 to 4 Unit buildings) since 1998.We currently own 9 of these buildings in various neighborhoods including Clinton Hill, Bed-Stuy, Windsor Terrace and Ditmas Park.Total Assets would be somewhere between $15 and $20 Million in the portfolio.Every since we bought the first property, which was in Ditmas Park for $340k in 1998, everyone told me it was crazy.I continue to hear how crazy I am to continue to buy every one or two years since 1998.That $340k Property in Ditmas Park is worth $2 Million today.

One example is a had a client renting and working in Miami but wanted to purchase a rental in Orlando near the parks.

First of all- how much is this park worth to you?

Actively marketing the property and handling tenant relationsCost Segregation: allows you to accelerate depreciation by breaking down the property into different components, such as personal property (appliances, carpeting, etc.) and land improvements (landscaping, parking lots, etc.), which can be depreciated over a shorter period typically 5, 7, or 15 years rather than 27.5.

To us, the draw is the resort and their water park.