Originally posted by @Nathan G.

@Nathan G.

Hey @David G.

Hey @Andrew G Martinez, it certainly is possible.

Asking Price is 556k        Appraised Value "Sales comparison approach" 598k         Built in 2004Decent location in the middle of townAll units currently rented "Units leased are 1 year leases" Unit A Leased Dec 2018 $775Unit B Leased Sept 1 2018 $700Unit C Leased Nov 2018 $900Unit D Same renter for 3 years, month to month current rent $850, they are upping the rent to $900 in Feb 2019Unit E Leased Oct 2018 $900Unit F same renter for 2 years, month to month current rent $850, they are upping the rent to $900 in Feb 2019Unit G Leased in April 7 2018- March 31, 2019 $700 Unit H same renter for 3 years, month to month current rent $675, they are upping rent to $725 in Feb 2019Total current income = $6,350   After rent increase next month income will be $6500Expenses - Tax $817- Est.

And regardless of status we all know that insurance wont cover them.. along with most G shepards.

@Bryant G.

And, as @Mike G. noted, you would not want new homes in a park like that anyway.   

@Natelya G. 

Thank you @Nicole Marshall and @Nathan G. for the responses.