It's understandable, since one can gain property tax advantages by living in one of those as a non-permanent structure, yet can't 'double dip' by having tax-free land gains just by parking a trailer on a plot of land for 2 years at a time.If the state was offering to buy the land with the structures on it and perform the demolitions itself, I think it would be excludable.

Would be nice to put 40-50% down, enjoy minimal cash flow + equity + appreciation - and with the leftover money, maybe dabble in  fixer-uppers, or take advantage of stock market dips.

I had to purchase in my personal name to take advantage of FHA financing. 

TaxesI am not an expert here, but I believe there are some small advantages to owning the real estate in an LLC vs Personally (filing as a Sole Proprietor), especially if you are making active income (flipping, wholesaling, etc) through any of the entities by filing as an S Corp.

The advantage to hardiboard is that fiber cement board is more thermally stable.

The fifth unit will not be counted on title as a fifth unit because we don’t want to be deemed a commercial building.It’s been interesting being a female in this business.  

OK quick advice so I'm refinancing my duplex I've only owned it for almost one year, The real estate market is hot out here in North Idaho the home gotta appraised for 100 K more than purchase price They only give you 80% of the appraised value with a cash out refi , I was hoping for more but they're only willing to give me 17k at the closing table, It will raise my mortgage $200 monthly from 1880 to 2080 Since I'm house hacking The $1400 for rent on the other side supplements my income Which leaves me not having to pay too much to cover the paymentI've been going back-and-forth, but I really need to pay off $17000 of credit card debt It will raise my credit score significantly at least and then I'm thinking 6 more months down the road I can move it to a conventional loan or take a take advantage of FHA Program that lowers my interest rate if I have a good credit score to lower my payment right back downMy credit card bills amounts to 490 monthly( This is just the minimum payments) If I do Go through and take this to the closing table I will be saving $300 a month instantly By having to not send out 490 monthly in cc bills although my mortgage will go up $200 should I go through with it or try to plug away at the cc debt for the next year !?

When an offer is accepted we take advantage of the inspection period to physically see the property.

So there is no advantage of paying off any rental?

There could be an advantage to this because you can sell units individually.