Build two townhomes and sell individually.Again, we just came across the deal this week and will be collecting some numbers next week to begin doing a more detailed analysis, I'm just curious where you would lean.... 

Hey Kara,First off, thank you for the detailed response!

It needs to be discussed in detail with you professional.

I would also love to have a quick talk if you can, to get a bit more details about particular subjects :)@Wes S.

(I don't mind sharing it - I won't get it anyway - so if it is truly a deal and a BP member can get it, all the better)Details (read the Zillow description - the listing details are wrong): Address: 6610 52nd Avenue Ct W, Graham, WA 983384 mobile homes for $156,000Each home is a 4bd/2ba with laundryCurrent tenants pay $1700 average rent per homeSpace rent is $700 per lotThe numbers (per month for all 4 homes):Total gross rent: 4*1700 = 6800Total lot rent: 4*700 = 2800PITI: 860 (this is for the full $156,000, i.e. all 4 homes)Vacancy - 15%: 1020Property management - 10%: 680Maintenance - 10%: 680CapEx - 5%: 340W/S/G (this is a wild guess - I have no clue): 4*50 = 200Total expenses: 6580Total cashflow: 220I feel like I've been quite pessimistic with the estimations (e.g., 15% vacancy), and it still produces a positive cashflow.

I’d definitely be interested in a more detailed ‘road-map’ of rapidly scaling buying on seller finances contracts. 

And, you already know, nobody gets to live in one of your properties without a very detailed and signed lease.

The devil lies in the details right?!

@John McSherry sure send me details.

Invest in a Pro or Plus account and post detailed information about your deal in the marketplace.