schedule E is income/expenses by property (A,B,C,etc). although it doesn't matter that you cant insert trust deed income into a schedule E b/c it's taxed as ordinary income.

The $21K that mobile homes are going for now, is that brand new or used? 

I currently work for a brand name broker and have always wanted to start my own brokerage since most of my business is based off referrals and business that I get.

While the cabinets could be saved, refinished, and add new hardware along with new granite countertops and the new cut in and plumbing for dishwasher, by the time I do all of that, it would only cost me about a grand or two more for brand new, and new in the kitchen always brings the value at exit so it is typical in my case and in my area to gut and start fresh.

To try and save the deal I offered to put in brand new wood floors at my expense.  

I don't know anything about it because it doesn't apply to me, but for you, it's definitely worth looking into.Figure that stuff out first and then entertain your R/E plans IMHO.

This is brand-new relationship, and having dealing with lease option deals for over 30 years, it's a common occurrence when dealing with listed houses.Let's say you have a hundred thousand dollars house and is listing agreement with the commission at stake of 3% or $3000.You may want to go down to the broker of record and asked him to release you of the listing for say thousand dollars.

Howdy, I am brand new to real estate and have no experience yet.

(trust worthy contractor access to property)e.) 

I informed him that there were a lot of poor people in the room searching for ways to better themselves and the integrity of the RDPD brand was shot in my eyes.