It gets crazy, even six properties gets to be a lot of debt cards and balance management just to go to Home Depot to purchase supplies. 

I just purchased my first property in Forth Worth to flip and I am based in Houston.

We take this to mean (based on 100s of real tax court cases) any activities integral to the business of running a rental.

Do mobile homes have a "book value" based on make/model, size, condition, etc. and if so, where can that information be found? 

I would never advocate using unsecured debt for a down payment.

You have to calculate based on a more than a few things like loan amount, down payment, taxes, Insurance, (Any HOA) PMI, based on credit, etc.If you are 1099 the Bank can look at the most recent 1099/Schedule C if you have been in business for 5 years or more with a 25% ownership in company or more. 

I recommend investing near economic bases near downtown and surrounding areas.

Hey @Felix Shi, your decision really should be based on your risk tolerance and goals.

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I am based in Atlanta, GA and we are back to bidding wars!