High rental demand (Section 8 too).

High rental demand (Section 8 too).

2 floors done...three to go :  )

Purchase price: $615,000 Cash invested: $630,000 Sale price: $1,500,000 New Construction

I do manage some properties near ACU & HSU and I would highly recommend that area. 

The interior was made up of high efficiency HVAC systems, contemporary lighting, and electric water heaters.

What is your price point and how much rehab are you comfortable with (as a % of purchase price)?

Obviously, if I'm trying to comp a property and Propstream gives me stuff with sold prices and ARV's from 10 years ago, that doesn't give good comps.

So when you see that less expensive price tag on a manufactured home (in comparison to a similarly sized- and priced stick built home) please remember that your monthly payment might be more expensive.

Would be curios if folks have also just included the cost of utilities at this price and left it unpermitted.