meters are a mechanical device and they can fail.

I’m interested in Mobile home parks but was wondering for tenant owned parks...what happens if the tenant stops paying their pad fee?

Is anyone out there investing in mobile home park?

The areas with new constructions are happening in undesirable areas where low cost homes or mobile homes reside. 

The fire started in a small mechanical closet over the garage.

So,If I understand the mechanics of a 1031 correctly, your basis in the property (due to the carry forward basis in the 1031) is Lower than $170k.You are Liable for depreciation recapture while it was a rental, whether or not you declared the depreciation.Assuming the above is true, you will have taxes due.You definitely pay income tax on any interest received.For the Principal you receive (including the down payment) it will be allocated into three pro data portions of:Return of basis/costs-no taxCap Gain- cap gain taxDepreciation Recapture- ordinary income tax at up to 25%@Ashish Acharya When later converting an investment property, acquired by a 1031, into a primary residence, then selling, give you a partial, Qualified Use pro rata calculation for the 121 exclusion like when you do the same thing with a non 1031 acquired property? 

The problem is, they were not given a title to the mobile home when they purchased, and the courthouse is offering no help in obtaining one. 

Hello BP,I have somewhat of a naiive question. So I really am starting to dig into MHPs. I look on all the websites to find deals, however I don't really have capital to act on them. I don't want to cold call and crea...

I know when I get home, I can use Zillow, Trulia, Realor.com but what's the best tool mobile use?

If we take out the technical language any 1-4 unit residential property that has financing, lien(s) recorded on title, counts as a "financed," property and counts against your 10.Mobile homes dont count unless its title eliminatedLand does not count etc only 1-4 residential with financing on it counts as 1 against the 10 max.Prior definition, you had to be on title and on the note as a borrower for it to count as a financed property against you however currently only the person who is obligated on the note is counted so you can be on title and not on the note, and it wouldnt count against you within this financed property context.Hope that helps if you're looking to do some mortgage planning or have questions feel free to let me