If you had to give one piece of advice to new investors, what would it be?

**Future plans**: After a few years, we aim to put a down payment on a piece of land and move the mobile home there.Our goals are to build equity in our current house while working towards owning a nice piece of land and maybe eventually building a nice house on it.

It will just be important to identify the new property and make sure you stay compliant with 1031 exchange guidelines.If you have any questions on the tax piece or need any help analyzing the numbers, feel free to reach out.

In a time of rapid appreciation or a bull market this is where that 6 month piece can come in handy.

Hey BP community, I have been under contract for a while on a piece of property out in GA.

All I found about mobile homes is this little piece on page 13 of this document saying they are “residential rental property.” https://www.irs.gov/pub/irs-pdf/p527.pdf  

What's one piece of advice you would give to your 20 year old self about Real Estate?

Here's the latest piece I found on Jackson County suing to undo the court order finding the assessments were illegal: https://www.kansascity.com/news/local/article291980175.htmlYou can also check out some of the local news stations like fox4kc.com and KCTV5.com to keep up to date on what's happening with it. 

You could also apply for a HELOC on your home to use the equity for whatever but obviously you have to make monthly payments so ideally you'd want to make sure the cash flow from a RE investment is higher than your loan payment.Another piece of unsolicited advice....

If you're able to find the deals, someone will always be willing to partner with you and give you a piece of the pie.