(Avg age of POHs is 20-25 years)       54 occupied pads         4 vacant pads          1 vacant POH.Avg. lot rent: 450/moAvg. home rent: 850/moTotal claimed income:  399k Total claimed expenses: 110kWater treatment plant and well water

While it can sometimes get advantages similar to equity for tax treatment or even participate in depreciation in certain structures, for all intents and purposes, investors need to view it as a loan.

I have some help with 38 tenants but only a few part-time guys and an EPA guy to manage wastewater treatment at the trailer park.  

Sometimes regardless of the cleanliness,  rodents/squirrels move into (attic/walls) one of the units and the wildlife control will need to treat all adjacent for a complete treatment.

Are you providing psychiatric treatment to the patient?

States do not always follow the federal estate tax treatments.

This doesn't count lighting fixtures, bathrooms fixtures, window treatments, etc.

@Andrew BosworthThere are some peculiar wordings and interpretations for what properties can and cannot be given 1031 treatment.  

I did see that you provide actual MLS comps when you send out deals, which is good, but when I went over the material and thought about what I was told it seems like your almost required to use the 212 financing to get preferential treatment on deals.

Moved a couple walls, remodeled two bathrooms, added a third bathroom, remodeled kitchen, new windows and doors, added a window, resurfaced pool, landscaping front and back, added a back patio area, interior and exterior paint, roof repair, termite treatment, new flooring throughout, etc, and some surprises when opening up walls and floors.Sweated for a month with no offers then got 2 full price offers the same weekend.