What we're struggling to understand is how to underwrite/estimate the paper losses that a MF would produce and IF this strategy is worth it from an income/tax savings perspective.

Naturally my biggest hurdle is the capital to fund the projects.

Florida is definitely getting riskier and it is mostly due to the increased insurance costs (from weather and natural disasters as well as fraud). 

There is no way a PML will wait that long to get all their money back if your property on produced 250 a month.

Just want to clarify how you got there, to get to $12K you divided 1.2M by 100 lots (of which 60 has homes on them and producing rent, 40 lots are vacant). 

They should be using a net rental income analysis which would produce an income figure specific to each property based on your reporting on Sched E.

Mohit  thats human nature to talk about the market you make your living in..

Water DamageWater is a natural enemy of mobile homes.

That company supports foreclose bidders they produce a document daily on all the sales with same info I mentioned above and color coded certain props with extra caution Red or Green for ready to go bid with confidence. although this created uber competition. 

And I want to rent out their home to produce cash flow with low interest rate, which they have.