Regardless of choosing between itemized or standard deduction, that decision is independent from ability to depreciate the flooring, cabinets, countertops, etc.House hacking roommate expenses division: (Curious if this seems reasonable)My side has 8 rooms: (3 beds, 1 bath, kitchen, laundry, dining, living room)Tenant lives in 1 room and uses other spare bedroom for 100% his storage.Tenant uses:2 full bedrooms @ 12.5% each so 25% total rooms50% of 5 common area rooms @31% total rooms56% of my side of duplex is "rental property"Thanks much!!

California may require an LLC return filed with the state.Mobile home parks are unique as there are not as many structural components as you would have in a building.

What makes my situation somewhat unique is I'm trying to kill two birds with one stone and make renovations to my current house while also gaining financing to make my first deal. 

I don't have specific questions, but I am looking for advice on what to look out for that I may not have thought, this would be the first deal of this type for me, and it's unique. 

The best I can do is to say every deal is unique just like every buyer is unique.

This way you can not only get to understand what's driving each market (because they are all uniquely different) but you can also connect with local investor-savvy Realtors to take a look inside various property types to fully understand their potential.

Just be wary of making this your long-term plan for the property.Our PM company is based in Clairemont and we also have a full service realty division with a veteran listing agent so DM me if you want to chat some more.

The reality is that HUD has no enforcement division for this.    

The zoning of manufacturing puts you in a unique position.

You have a unique situation where you'd almost be like a sales agent for a builder.