Very practical differences between two people forming a general partnership, limited partnership (unlikely), or LLC (most likely) for this type of thing. 

They do NOT have to play you for any improvements you did. 

So don't over-improve the home, but my guess is that your budget for finishes will be largely determined by what comes back on your septic/HVAC inspections.Lending standards aren't tough on double wides.

Many Wall Street investors feel this industry has not moved as fast and is trying to improve the technology.

I believe it gets depreciated because it is an improvement or major construction you are doing that will eventually appreciate the price of the property.

A common practice is to defer maintenance on a property to hold down entry costs for the buyer.  

In an A neighborhood. rents well north of $2,000. Build in 1998. Here’s a picture of the master bathroom shower with that lovely 1998 gold trim1) what would it cost to replace it?2) do you think it would help raise re...

Of course the real opportunity is to improve on that NOI that I will be inheriting from the current seller.I'm doing a 1031 exchange (thanks for all the education @Dave Foster) which should also help me save on the capital gains taxes. 

If you have any insight on improving communication with brokers/agents in general, I'd love to hear.

Instead of letting comps determine the value of your asset (residential) , you can control the value of your commercial asset yourself by improving the NOI (Net Operating Income).