private money is the easiest money to borrow . its no income and limited doc .

Right now (Q3 2024) everything seems overbanked/overbought.Currently, my focus has been purposely broad but currently split between: A) SF business (wholesaling/rehab) I was asked to take over (on almost no notice – am still badly catching up) and B) Small balance MF and mobile/manufactured housing (<~50-100 units for physical/operational value add)I have made some progress on each but not where I would like to be although I have just recently gotten involved in the sub-institutional space again.

However, the whole East Coast is at risk of hurricanes, the midwest tornadoes, and west coast mudslides and Earthquakes, so to me there is no really safe area. 

They have never owned rentals or investment properties but have no offers and moving out of state. 

No problem @Lars Thomas .

Maybe it wont continue to grow as rapid, but I see no reason for a downturn currently. 

It cash flows (rent less PM, taxes,insurance, no mortgage pmt) for Approximately $1500/month.

So I have a FixedAssets account in the chart of accounts, but that's not really usable for tracking the per-item depreciation...there's no entry for when it was placed in use, no way to state depreciation lifetime, nothing that ties loan points to the loan so you notice when you refinance that you should take all the rest of that line item as depreciation immediately, etc.

NO!  

No mortgage company will loan against a used mobile home.