and what this website said http://www.thetaxadviser.com/issues/2014/nov/tax-clinic-06.htmlsays "One shortcoming of an ESBT is that its S corporation portion is subject to the highest rate of income tax on ordinary income (currently, 39.6%). " Hypotheically, lets say there is a trust with 3 UNMARRIED people in it.

Also keep in mind, lending produces ordinary income.

Owning outright gives max cash flow but also subject to ordinary income tax so have to keep tax rate forefront in mind because who cares about gross cash flow, all that's matters is net. 

Can anyone clarify... for your S-Corp's K1, do you retain your profit as ordinary income (Box 1) or distribute everything to yourself (I believe Box 12)?

You might see my detailed article I posted in my LinkedIn Group - Mobile Home Park Investors.RVs however have an engine built in (or are easily towed by an ordinary pickup truck), and they come and go all day long.

There are several reasons:1.I don’t need down-payment.2.This forces me to only do the extra-ordinary deals.

That's the same rate as your ordinary income, but its currently capped at 25%.

For those who use lines of credit, is that only for acts-of-god types of repairs or vacancies, or for ordinary capex, like a new roof?  

Both times the appraisers saw the unpermitted room (enclosed patio) and I was able to cash out with no problem. 

. $650 x 2, and $550 x 1 (10 yr tenant).All units are:  2/1.5/0 with patios, and 2 parking spaces.Ask:  $220k (55k/unit) --- similar aged duplexes are listed for 60-70k/unit, but small MF 8-units in C/C- areas are listed from 28-35k/unit.Total square footage ~4400Taxes:  $2800Owner pays sewer/water:  $250/mo averageInsurance quote I got was:  $3636/yrFiguring 8% for PM, and 10% cap ex and 10% maintenance/repairs.The vacant unit was in very good condition, but had not been updated in several years.