These methods include: Detailed Engineering Cost ApproachDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling ApproachExperience or “Rule of Thumb” ApproachIt’s important to understand the differences between the approaches including which one best fits your property and the reliability of each approach.DETAILED ENGINEERING COST APPROACHThis approach compiles the costs from construction and accounting reports to build a report.

This is basically what I made for myself:So every morning I get a report of everything new that hits the market in LA/Ventura, and I can just click the google links, check it out on RedFin/Zillow, and if it seems promising, fully underwrite it (using tools and/or manually), then offer on it.Don't try and come up with an auto-offer estimate, you can't tell the visual quality of the home or how much the construction will be, etc, stick to estimating values of renovated and distressed property in your tools, make it easy to fill those comps/value metrics into an underwriting model/proforma, and let the end users tweak numbers/select comps/etc so they feel confident in everything.

This is the model # at home depot.

By spreading the investment horizon across decades, this initiative builds resilience into its model.

There is a flaw in the business model and thier internal processes need a lot of work.First the good,Yes, I got paid every month.Nomad found me good renters.Next the badDue to needing to make the guaranteed rent they rented my unit below market valueIn communicating with Nomad they were disorganized, often sending conflicting messages and not alignedNomad offered to find me a repair company, that compnany charged $400 for a $25 dollar part and I was stuck with Nomad saying "not their problem" and the vendor saying Nomad was the client not me.Nomad was horrible to my renters as their property management term ended.

Quote from @Jessie Dillon: just my 2 cents.. i'm not a fan of the syndication model. there are better ways to invest more passively where you have more of a say in what goes on, can achieve higher returns, and can have your personal interests at a higher priority. 

With our unique model we allow those to scale quite quickly. 

Totally understand that those things don't closely mirror the BRRRR model too closely, but that's what I'm seeing right now. 

Also, if this is something that you are looking for in a hard money lender, you might want to look into more of a private money lending model verse anything else. 

I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!