It appears that a significant portion of the business's value lies in its name, website, marketing, furnishings and other intangible assets.

In this document, I will share a portion of a study I conducted with some of our clients.

3) STR guests - if something goes wrong on the unpermitted add ons, will it be a bigger risk/issue vs something happening in the permitted portion?

Most large PE MHP investors will tell you to only offer on the pad rental portion of the income which assuming $500 each, 25% expenses and an 8% CAP your at $281250.The other way is to offer her the wholesale value of the five mobile homes. 

A very large portion of the tax base has left and moved to lesser taxed surrounding counties.

I do agree that having a clear timeline and budget is vital and am actively doing my due diligence with researching that subject.

I didn't catch the Panama portion of that question, either. lol

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

Just because it's a primary residence for him doesn't automatically exempt your portion from capital gains—you're still considered an investor.You also need to think about what happens if your friend can’t buy you out or if your relationship changes.

They then issued a special assessment where each owner got charged a percentage of the total bill that included the expensive sewer line replacement, but our portion was less than we would have paid to fix our own unit, so we were fine with that.