Is it better to have the highest basis possible to increase depreciation and decrease the amount of taxable gain at sale?

Hi Everyone, I am negotiating a property in Florida with a motivated seller and I noticed that in the sales history of that property there are no warranty deeds.

If so, have you supplied the owner with a notice of intent to lien? 

With the land lease, you could state that they need to give you 6-12 months notice before they move the Mobile off your land.  

I'm not a realtor, but before you bash me take a look at the comments from Realtors about the source of the article: http://realtormag.realtor.org/daily-news/2016/02/17/best-place-be-real-estate-agent From this link: "Does anyone at NAR check this info or do you just copy and paste it thinking that no one will notice that it simply doesn't pass the common sense test?

Expect Zillow to notice and respond.

I have known that Memphis is a good place for high cap rates ROI etc and a popular rental market with investors but was trying to focus on markets that had noticeably strong economic outlooks.

You mean you can't serve them notice and wait 30 days????

End of the month is the best time to rent, because they need to give notice at their current place.

Also, if interest rates go up that high cap rates will have most likely gone up, decreasing the resale value of the property.