Others point to IRS Code Section 168(e)(2)(A)(i) – which essentially states that if 80% of revenue from a structure comes from rent, it’s a residential rent property and should be depreciated at 27.5 years.Either way, a well purchased / well managed mobile home park will kick off the excess (after tax) cash yields you're looking for.

I own an e-commerce company that sells automotive and racing parts.

Those are the guys who had the TV show Flip This House on A&E.

You have given me a platform from which to work now.

We've literally walked through about 100 different homes including looking at our own personal home at $83,000 and so many of them were so deceiving online.http://www.zillow.com/homedetails/1224-1st-Ave-E-Newton-IA-50208/86982693_zpid/

@Edwin E.

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe E-MythThe 4 Hour Work Weekhttp://flip2freedomacademy.com/ - free e-bookFlip2freedom episode 77 - podcast - LISTEN TO THIS TODAY!

excited to have patch of land on our next show to highlight the real estate P2RE (Peer 2 Real Estate) platform that you and your team operates.

What are your thoughts of looking at properties in C,D and E areas?

@David E. lets chat, I'll give you a call tomorrow