Let me explain with example:- Assume I purchase land worth 50K in August 2024, and then hire contractor/architect and spend over 100+ hours discussing the building plans, etc to either construct a SFR home or a Manufactured/Mobile home.- I will also supervise the construction and other related activities (but will NOT build the house myself) .- Let's assume the total cost of construction is 200K (or 150K if it's a manufactured/mobile home).My Question would thus be- Can the STR tax loophole strategy allow me to offset 60% of the 200K amount that I paid towards construction of the home, (or 60% of 150K if it's a Manufactured home)Any success stories with this kind of approach?  

@Zehua Zhou,You can use a Fidelity non-prototype account to manage the rentals, but it will have some of the features available with the bank's checking accounts, such as having a debit card, mobile deposit, and bill pay.

But if there is ample room in the bedroom and you can take a single sink to double vanity, or add a dedicated water closet, or take a 3x3 shower into a 3x5 or larger, making the bathroom more luxurious, than I could see a good ROI on that.While the area may be very nice, the price point you are talking (and I don't know the specific market) is borderline starter home prices.  

Should I BRRRR a property or pay cash for a couple mobile homes?

I have a MHP and a TP I'm looking to assign, but have no idea where to look for buyers for them in Mississippi.Any one have any experience?

Anyone have any advice on how I can accurately value RV Parks and Mobile Home Parks?

I was recently involved in a thread where the OP was almost radical in her dedication to her short-term $savings at the expense of long term gain, and yet was bemoaning having had a mentally unstable tenant turn vicious on her.If you "face the beast" you must expect to be battered mercilessly at some point.

Examples are mobile home parks, RV parks, and golf courses where the value of the property is not primarily derived from building(s) but rather from the improvements to the land.

@Chris Clothier yes we are seeing residents be less mobile recently as well (we manage 1000 doors in OKC Metro) as long as the owners keep the increase under 10% they tend to stay and renew.  

Chrome on mobile is clunky enough but BP banners, ads and layouts make it almost impossible to see what I type, answer questions etc.