It’s now estimated that Texas has 31.29 million residents, up from the 2020 count of 29.15 million.But Texas also ranked as the top state in the nation for domestic migration and natural increases over the past year.

It is naturally insulated and it captures passive heat with strategically placed windows.

Assuming a 40% expense ratio, the net operating income at the current income level would be around $19,440 annually and $28,800 after renovations.At a $360,000 asking price, the cap rate based on current NOI would be 5.4%, which is low for a park with park-owned homes and required renovations.

Of course this all depends on YOU setting the base rate and all the knobs and triggers most appropriately.

Quote from @Ronald Rohde: I think it just benefits current owners. our replacement cost variability just went up a lot for the next 4 years. 100%.All cyclical asset classes are reverting to the mean, except the one's with a material short-- naturally. 

They are not / were not instrumental in prices going up or responsible for the housing shortage.Builders just haven't built enough houses to keep up with natural growth.

Yeah, it is based on the state's regulators.

Working with a private lender can indeed come with challenges, particularly regarding qualifications and funding structures.For your cosigner, they typically will need to be a member of your LLC and the private lender will want them to hold 51% - depending on lender of course.Compensating your cosigner fairly is based on what both parties believe is fair.

Loopnet has some comp information, but requires a paid (and not cheap) account to see it.Commercial properties are generally valued based on income, not comps per se. 

I Can only realistically get $1600-$1700 a month renting my house based on the market.