They are in very good shape so I wouldn't be too worried about it except there is a tinyl back porch that I want to pull off and the windows need to be replaced.  

My long-term goal, besides building up a portfolio of rentals, is to establish a small to medium size property management company, where my wife and I can concentrate on giving exceptional service and individualized attention to our customers.

Unfortunately, very little went to sale/auction between 2009 and 2013 when I was out there, with the exception of 4plexes which were residential mortgages. 

The analysis showed the debt rising 6-12% every five year period since 1980 (with the exception of 1995-2000 when it fell 9%).

In practice, I dare say this is the exception rather than the rule.

I actually purchased Darrin Garman's Commercial Broker tool and I have had the same experience with this product.He claims to provide all these great ideas, but all he does is forward mini- "pep talks" and really not much substance on clear things to do except for a couple of hokey ideas about referral contents and giving lectures.

The acreage is findable anywhere in TX except downtown HOU, DAL, ATX and SAT.It sounds like $15K/acre, since "used' regardless of updates the MHs have they still have almost NO VALUE (see "Lonnie" deals).It sounds like your "exit" plan is to build something else on it, "in the future".

In a subject to deal, the deed and the title policy will have exceptions for the loan that's being left in place.

You can depreciate most types of tangible property (except land), such as buildings, machinery, vehicles, furniture, and equipment.

Coney Island is an exception because it is the farthest from the rush of the city.