It has been underperforming Under market rent ($500-$800 per unit)Higher vacancy (25%)"Families" packed into the 4 bed room w/ smoking and etc.The seller is looking to sell this property and it is a non-MLS deal currently.

Examples are mobile home parks, RV parks, and golf courses where the value of the property is not primarily derived from building(s) but rather from the improvements to the land.

I am working on securing an RV/MH Park at a price of nearly 2.5-3M to cost seg for 1.5M in bonus depreciation this year to nearly wipe out the remaining federal tax liability. 

Make sure you check out the podcasts and the webinars, they're packed with information.

I highly advise watching their webinar "The little IRA that could" as it jam packed with real life investor deals that are extremely creative and require a low capital investment. 

Electrical outlets are cheap and easy to replace- Buy the bulk contractor packs at Home Depot or Lowe's.

Hello all,Just this year our family wanted to get into a rv to have some fun in the summer time and build memories.

We have started using light fixtures that are LED, Lowes sells them in a twin pack for $50.

Learn how to find deals that will set you apart from the pack.

Plan to buy a piece land with a lot tree and quiet country setting to build a RV park.