The market is affordable, with properties in the $100K - $150K range (or lower), which allows for scalability, just like you mentioned.

Most of my CFO clients that are in residential development are looking for IRRs (usually over a minimum 5-year period) in the high teens and the commercial developers are looking in the low to mid 20% range.

What is the range of broker commissions charged to the seller on a small park 10-60 spaces ( 1-8 M sales price)?

You can find decent SFHs in the $150k-$180k range that can cash flow if you buy right.The challenges?

It's not easy in DFW right now due to the price runups over the past few years and now slowdown in the market.What price range do you want to be in?

Looking at this mathematically, if you assume a 50% non-renewal rate (industry standard) and use the low end of the range of $5,000 per non-renewal, there is a loss of $50,000 per year on a 20 unit property.

I do think multfamily would mint more cash flow but pricing is a bit out of current range.

Given the current NOI of $19,440 and a reasonable cap rate of 8-10% for a park with park-owned homes and septic systems, a fair price would range from $194,000 to $243,000.

Today we are economically diverse and showing job growth in several sectors.Having said that, I am not an economist (or a fortune teller) so these are just my thoughts after having gone through the Great Recession and knowing how housing-dependent we were then.Melanie

I am seeing interest rates start in the mid 6% range for foreign nationals here in Florida.