Even with the reduction in bonus depreciation this year, with the right debt on the right asset class, that's still a competitive option. 

Quote from @Blaise Peterson: Quote from @Adam Bartomeo: Play "Cash Flow" with her.

Your location may also play a factor in this.

Find out what that VA restoration will really cost youSecond, you are making a rookie mistake, one that the gurus play on to make you spend money for almost always useless sessions.

@Mo Karim did you end up making an MTR play?

You can play landlord for a few years and you'll learn a lot from doing that (especially hands-on) - but long term not a winning strategy.

The #1 way real estate investors defer taxes to later dates is with a system called depreciation and bonus depreciation.Depreciation is the act of slowly, over time, deducting the initial expense of an asset against your taxable income.Generally over a 27.5 (residential) or 39 (commercial) yr time frame.So each year you can write off a few percent of the purchase price against your income. 

Remember when I said all it requires is to not get greedy; some would see this and obsess on being at "only" 40% ownership now and completely ignore the fact of how all that math plays out in this. 

If it isn’t a “bonus” situation listed below I wouldn’t do it as a seller, even for 12%. 

Will be interesting to see how 2025 plays out. 10 yr rates are still over 4 and spreads are not coming down quick enough to rescue people who bit off more than they can chew.Good luck with your MHP, we like that product a lot and have a deal in Central Valley, CA!