Before taking out profits, make sure you have enough set aside for unexpected expenses like repairs, vacancies, or larger maintenance issues.

If the latter, simply give her the notice required (eg 30 or 60 days) that she needs to move. 

I think a bit simplistic when it comes to business; solve problems 4-profit. 

It's not just the taxes, but being able to at-a-glance look at expenses by the month and year, profit and loss calculating automatically, and even cash flow by property and total portfolio by month and year.Thanks for suggesting it!

Wade executed the very first “non-profit only” government non-performing note trade with HUD.

I have noticed a lot of investors are seeking out cities that are offering lower priced lots and simply adding a Modular or Manufactured and capturing a very nice cash flow.There is a new trend starting in Florida and in other states where an investor buys a piece of land or lot and add a 'Tiny Home". 

There is a lot of variability in this answer and, like all things in real estate, it simply depends. 

May be 5 or 6 mobile homes which according to this person looked as if a 5th grader remodeled the home.I inter company document I came across stated that only 1 park was profitable.

But tuned out to be a pretty nice profit deal for us about 650 to 700k net in less than a year.the lady got her home back free and clear and I told her do not Borrow against it ever again her kids had forced her into last time and of course took the money themselves.

@Edreco AmosMiami’s market can be tricky for cash flow since condo fees and insurance costs can eat into your profits, especially with newer buildings or those near the water.