I own stick built and manufactured homes (stop calling them 'mobile' homes if they're built after 1976, seriously).So just be clear on whether you're talking about mobile homes, or manufactured homes, and between manufactured homes in a park (with lot rent and rules, and may be taxed as personal property) and manufactured homes on land that you own and are permanently affixed to the land on a foundation so are taxed as real property.My manufactured homes are all affixed to land that I own, and so are taxed as real property.

@Kaylee WalterbachHands down, an honest hardworking new agent, with a great broker, will be the better agent than slick 30 year veteran agent on fat-street, mr.

I would think his builder risk policy would pick this up or his permanent insurance that will cover roof failure.. bottom line 110k claim is a tough one  as stated above attornies fees to get there and the years it takes then the guy just goes BK at the end. 

I hope the fact I've succeeded as an entrepreneur shows you I'm not afraid of hard work, so to be clear - I'm looking to stay focused on software while using the profits to create more permanent income through RE. 

Our goal is tot use rentals to allow us to permanently retire in 15 years ;) So we live on one income and save the other!

If I do this then it will go on your permanent rental record that you have been evicted. 

The FAT lady has sung. 

I know Punta Gorda very well and you're in a great market to turn those flips into seasonal or vacation rentals as well as long term permanent rentals.  

But this can change the result of the equation considerably, and might tip the scales.2) Offsetting the above somewhat is that the "advantage" of deducting depreciation on directly held real estate is not a permanent advantage.

Also their home are mostly in C and D class neighbor hoods with a demographic that are permanently renters.