With you not being able to watch them like a hawk, that could carry significant risk.

If you have suspended losses because expenses exceed rental income and your rental activities are per se passive per IRC 469, then those suspended losses are not lost but merely get carried into future years, whereby they may offset income.

Does the house carry any sort of historical designation?

I have purchased parks as low as $65,000 with $5,000 down and seller carry for 17 lots and Dave has bought parks for as little as $50,000 before.

The only way to really avoid the risk of an upcoming downturn is to wait to purchase property and try to time the low end of the next cycle, which carries risk of its own.However, one aspect of this debate that isn't touched on is the impact of interest rate changes.

Why are you carrying back a note on this.

Take action and let your momentum carry you forward.

@Deonte Palmer I would suggest carrying out a large scale direct mail campaign.

At that point I’d love to have a RE business established that they can jump into, and by the time I retire I’d love to have 500+ units to carry us through our golden years which they can completely take over and grow even more when we are gone.

Look for an owner carry deal.