I did order an appraisal a couple of weeks ago, so I should have the report back within a few days - this will serve the dual purpose of a pricing reality check as well as suppporting evidence at the upcoming ARB property tax review.  

Evan is correct, it's essentially 'one time partnership', whether it's for tax reasons or each party brings something to the deal (one guy has $, one girl does management) it's an agreement between parties for a specific purpose.

Can/do you make consumer purpose loans?

If you don't plan to ever be physically involved with your rental and plan to hire someone for everything, then I'd question the purpose of buying in CA - why not buy in a state with better ROI and more landlord-friendly laws? 

With the websites purposed, I can definitely be more proactive and successful in securing these type of properties before they hit the main market.

I understand R/E income is a "passive" income for tax classification purpose.

Were definitely thinking about utilizing mobile homes for that purpose.

And, if you don't include the amount, your Buyer will have a difficult time using that as a basis for tax purposes.

They are actions for the purpose of clearing a particular, known claim, title defect, or perceived defect.

Obviously, for the purpose of asset-protection, you would want an inter vivos trust.A trust can be revocable or irrevocable.