Even if at risk limitations reduce the amount you can claim in a given year, unused tax deductions will carry forward to the next, so it's a "use it, or lose it" situation.

Also hopefully I can lose the PMI once enough equity is built. 

If you have all properties in one LLC and it gets sued you could lose all the assets that LLC owns.

If the rent is is only $750ish..then I'm losing (after taxes, insurance, etc). 

Plus it'll probably be a chain of approvals since on these deals banks may lose so everyone is in CYA mode.

With the recent virus situation with so many people losing their job, it prompted me to revisit a long-term strategy that will move me away from being 100% dependent on my employment income. 

If you can get an extra $100 but lose 2 months of $800, the math doesn't pencil (for cash flow, not for valuation purposes).

I hope for your sake, you also don’t lose your deal.Lending is a business best built on relationships.

You can get low-boys that are about 40 gallons so you don't really lose any capacity.

You are better off running the RV park as a long term rentals.When you convert you will probably lose 2 RV spaces for 1 MH space.