The geo report classifies it as “potentially active” and minor.

You could potentially put 4 of the 5 into a portfolio, but the one you are estimating to be worth $39k would be left out.

What is the rules and what is the practical items to consider?

However, modern appraisal practices require that these spaces with low ceiling height be valued LOWER similar to how a finished basement is valued.

This is a long term investment for me, so I am not concerned with short term, potential market fluctuations as all RE goes up over time.

Hey Christopher, I'd say kipping thorough research on the property, local market and potential tenants.

There are several factors to consider when deciding whether to replace the old mobile home with a newer one or renovate the existing one.If you choose to replace the old home with a newer one, some "gotchas" to be aware of include the cost of purchasing a new used mobile home, transportation and installation costs, permits required for the new home, as well as potential landscaping and foundation work needed to accommodate the new home.

Or where the funds to purchase come from (except that they need to use all of their 1031 proceeds in the purchase).The only time there will be a potential issue is if the daughter goes on the deed. 

**A tip when interviewing a potential buyer's agent, ask the agent about the conditions for commission compensation when the seller is not offering full commission percentage to the buyer's agent.

You would get, potentially, the left overs.3.