There should absolutely not be any structural component to this project, but if you're going to cap it off, be sure it doesn't go anywhere...... :-)I would think this project would run less than $500, maybe only a couple hundred.....

They knew the monthly payment component wasn't reliable, so they purchased them, and unloaded them for the "cash profit today" option, as fast as possible, rather than the longer term "collect monthly payments" option (which, if there are going to be monthly payments, is generally more profitable [especially if they were ARMs that go up in interest rate & payment over time{1}], that's why everyone wants you to sign up for a monthly subscription for this or that).

This was what I based the comp on since it didn't make sense to compare this place with the big dogs, even though I kept second guessing myself.I go out to see this place tomorrow with the buyer's agent.

The key component for you to is to understand WHY you want the initial terms, do you have any business reason for those numbers?

There is a huge racial component and a lot of crypto-Nazi sentiment around race theory here and elsewhere among C-class landlords, but I didn't want to discuss it here.

You just need to see them as a component of the deal and view everything in its totality.

That's a big component of the overall cash-flow picture, so it's important to know where it comes from.On the other hand, looking closer at these numbers, I see the ARV is $25,000 less than the project cost. 

I just bought this park with an owner financing component.

@Daniel WaltonTaxes are complicated and adding a tax component would be too difficult to implement(it would have to ask you 100's of questions to get close to your tax rate).1.

Hey everyone,I'm looking to purchase my first property in Columbus and this is the component that scares me the most.