@Anthony Therrien-Bernard you are correct.My understanding is that he is looking to purchase an o/o with a rental component. 

Please consider removing any exterior storage components (e.g., bikes, racks.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

You'll see that many parks were developed prior to the environmental regulations today, and I can't speak for everywhere, but in areas I'm familiar with the water/sewer/fire/road etc design standards make the site work costs too high to work for MHP typically. 

And lastly (well not lastly... just lastly for now)  phone append and email append the names and addresses to get methods of contact...If you really want to get crazy from that point, compare length of phone line ownership, and age of deed on the property to EPA minor environmental disaster maps and you can sort out who is old and probably has caner, pretty quickly. 

However, in June 2011, an Administrative Law Judge from the Division of Tax Appeals concluded that the one-week stay component of the test for a bungalow rental to be non-taxable is not supportable and is, therefore, invalid.

If I was flipping I could focus more on cosmetics and less on systems, components, structure, etc. but I would budget more for landscaping, exterior, curb appeal. 

Often there are three main partnership components to any deal; lead/opportunity sourcing, funding and management.

Needless to say not all coverages are created equally, and a good insurance agent is increasingly an essential component of investors and RE professionals rolodex.

When you look at their books they have a general manager and then assistant managers being paid and they still profit 200k plus a year.I would never by myself a job as I already have a very profitable business transacting commercial real estate for my clients.So my criteria with any investment is that it cannot be a job but has to be structured with a passive or minimal involvement component to it.