I'm located in the Grand Rapids, Michigan area.

If they sell some of that, buy some more, pay the employees and bills, and have $5K left at the end of the month, the owner can take that five grand.

I am concerned that our children and grand kids will pay a huge tax burden to live meager lives with little chance of changing the situation.Unfortunately, I believe that the education system is partly responsible for dummying down the population.

This also allows the home to be easily moved off the lot to another property so you can build something new on your lot...this also allows the buyer to walk away from the home for you to foreclose and sell again (I know someone who has sold the same multi-section 2 or 3 times already due to owners just walking away a year or two after paying a couple of grand for the home...he tells them "turn in the title and I wont chase you for lot rent anymore" and they usually do.)Making it real property allows for easier financing and a broader sales pool, but the home is now in a fixed location (until, as the nay-sayers will say, the next hurricane/tornado blows through) and can be opened up to additional code requirements.

Wow, a grand, it's usually boilerplate might take 5 minutes to find it, 5 minutes to print it, 10 minutes to fill it in, 10 minutes to sign it, 2 minutes to notarize it and maybe $2 to mail it to the Recorder of Deeds or you could take it there and file it.

I have a note on a mobile home where the borrower has got behind because of work, around a grand.

I took a wholesale course and it was a fairly good course.After the course I debated and decided to take their coaching program because I did not have the 7,000 grand I started to a payment plan.

If you said you had like 80-100 grand sitting around then I might suggest a different route 

The capital gains tax is going to be about $6k, so not a big deal in the grand scheme.

If you're a member of an association like the RPOA in Grand Rapids and they are too, you could file a complaint with the association.