I'm priced up by another 1000$ considering the size of the home. 

Is it fairly priced for the size, location, quality, and other factors?

To fulfill the contract the Seller needed to pay for the survey, which resulted in a size of 1.8 acres. 

That window of course has not yet opened due to the fact that the new plan is not finalized.

I've gone through 4 different ones in the past 4 years and I've finally found a good one.

The rent-to-price ratios in many neighborhoods are strong, and the city’s population is finally growing again after decades of decline.One thing that stands out to me is Detroit’s median home price—around $95k—which is far below comparable cities of its size in terms of population.

You need to have a property with a certain size lot in order to add units.

They should ONLY include properties of the same size (sq ftg), and within a short distance form this property.Lastly, your profit comes after you recover your cash you put in. 

ASSET BASED LENDINGNote: Hard money is defined as average loan size under $2M, average loan hold duration under 2 years, and not a bank. 

Finally, double-check local demand and rent trends in the area to ensure the pro forma income is achievable.I’ve worked on several mobile home park deals as a broker and am currently helping a few clients sell their parks, so I know how important it is to ensure the numbers make sense both now and in the long term.