You’re not missing any major expenses

(I don’t recommend Quicken at all, the loan officer I dealt with with was extremely pushy and dishonest and refused to listen to what exactly I wanted and just tried to sell me the only product they offered so he wouldn’t lose his commission).

Getting into higher end for putting in lower grade product.

I do a complete renovation in my buy and holds so my costs are lower but I do not carry a percentage I do and analysis of life cycle of each major item - how much it costs and then see how much I need to hold.

Or we have a new proprietary product, Home Fund Me, that allows you to crowd-fund for your down payment - with free matching funds available!

In return perhaps I can be of some assistance with online marketing and video production.

I honestly believe you'll end up with a ton of work just to get negative equity vs. your investment and a breakeven cashflow at best as you're not accounting for a number of major expenses in your pro forma.

Mobile homes are a depreciating asset, However at your purchase price it has depreciated the majority that it will assuming you continue to maintain it.

A few of the most common ways to limit tax exposure are depreciation (mortgage interest, property tax, physical property over a span of 27.5 years, major CapEx that can be depreciated at an accelerated rate, etc.), 1031 exchange and using a self-directed IRA (or solo 401k) to invest in properties.

I’m also new into the REI world and bigger pockets has been a major help to me!