Also, as I previously said there is not a huge market or margin for mobile homes

@Safiya Marie good luck with the exam, I think the margins are higher if you can close on a deal (off market) then just throw it on the MLS without touching it... price it right and have every investor fight over it, you will make more $ even if you have to use private/hard $ and pay the 2.5%

This, combined with the necessity to have a sizable amount of cash, has priced many would-be buyers out of the market.Here, the solution is for the developer to sell properties that are qualitatively as good below market and make up for the lower profit margin by selling quicker and more and having happier clients.Some of you have asked for my opinion on 2-bedroom condos in Tulum in the upper $300k - $400k range.

We start with the ARV and back into the target price we're willing to pay by subtracting out the rehab budget, contingency reserve, profit margin, buy and sell side closing costs, and holding costs for the time value of money.

The investment costs would be $300-$400k, with a potential profit margin of 60-90%, and a gross income on rents.

Our market is very competitive and the margins are slim, but that means that selling is quick and fairly predictable.

As a host your listed fees  should cover the cleaning person plus give you a little margin, If you are making an extra 3-5%  on that fee , than our cost is only  13% - 15%  .

You can't do that in the stock market and I've never had a margin call in real estate. 

Another thing to watch out for is to make sure you have built in a large enough profit margin.

This also has the benefit generally of paying a lower marginal tax rate throughout your years of saving for retirement.