The park was established in 1938 and has never been sold ( been in the same family for generations) so your probably dead on about that one.

You don't have a MHP, you have a horizontal apartment building as Jefferson Lilly says.You don't capitalize the rent portion generate by POHs.

So many people are being led into the home flipping business and have tons of gurus teaching on lead generation, follow up and closing deals.

This is the part that may help with reduce the nuisance calls that don’t really lead to a service call.

Alright, this is the situation.I currently have a lead that is in desperate need to sell their property.

Now neither I or my mother need the extra income these properties would generate right now.

What lead you to build them straight out? 

a "finder's fee" for referring clients, or providing 'leads' or 'lists' compiled from the MLS.

You were not able to take any of the losses because your income was above $150,000.in 2017 - you have 7,000 of suspended losses and $1000 of loss generated in 2017.You sell the property for $125,000 and your adjusted basis is 78,400(21,600 of accumulated depreciation).You calculate 46,600 of gain but you are entitled to report the $8000 of losses on schedule E.Let me know if you have any questions.

When a seller is upside down and facing foreclosure 99%+ of the time the leads is dead in the water.