Let them know - as specifically as possible - what you are trying to achieve.

From research and talking to some individuals in the industry, modular homes are supposed to appreciate like a normal site built home, but does anyone have any firsthand experience with this as being true?

I ended up choosing Ohio as my target market and more specifically Columbus.

Review Michigan Landlord-Tenant Laws: Familiarize yourself with the landlord-tenant laws specific to Michigan, particularly the eviction process in Ecorse.

It is important to consult with a tax professional or attorney specializing in 1031 exchanges to ensure that your friend's specific situation and intentions comply with IRS regulations.

.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

Compare the level of specification after renovation to that of comparable properties in the area.

Hi Nick, the loan officer should be able to get you some type of term sheet or quote that shows the different costs associated with that specific loan and scenario.

Specifically items 4,5,8,9,11Thank you