I appreciate all the sound advice and points of view I have gotten on this forum thus far.Do tax deductions in real estate (for example depreciation) carry over to ones regular W2 income (for example a physician salary)?

Right now my primary business is not doing so hot and I am considering closing the doors in order to seek out a regular job - that way I can bank more money for my long term pursuits.

@Pandu Chimata - They are title companies I use on a regular basis for title work/closings so they just send me the lists as they come through. 

Although, many who send regular DM would disagree. 

If so is there a big difference in investing in mobile home and regular property as far as the process?

Begin making regular deposits into that account. 

I do have a mentor who I speak to on a regular basis.

Do they want to totally sever all ties to the property, or would they hold the note for you for 5 years and continue to receive a regular income?

I knew it wasn't going to be forever, and it wasn't as I eventually got engaged and moved in with my finance (now wife) and I now rent out that entire duplex for cash flow.The equity on top of it is something I tap into regularly for my flipping business. 

In most of Houston, there is no zoning, so if I get a nice land and can easily put two or three offices for half a price of a single structure and rent them at half the cost of a regular small office, or buy a knock down house, level it and put up converted containers on it, possibly even add self storage components.