Lower your pricing to undercut your competition.Doesn't matter if your pricing is set high if you have lots of unbooked days.

@Sean Hoglund  Assuming the prior years tax value is lower than your purchase price as in your example, you want to file your ATI Exemption before Jan 31st following your closing date at your county's Assessors office. 

Could pay cash for everything to get built and lease up to break even and then cash out refi to pay them back and possibly (obviously could be worse too) at a lower interest rate then now.

A lot of out of state investors like the good land lord laws we have a lower taxes. 

If you pay them diret and hint to them the comps you suggest because you're trying to come in lower, then they are more likely to do that.To me, I would just use a couple of low end sold comps and call it a day. 

In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike price" to BUY the property IF or WHEN the OPTION is EXERCISED is $300K The seller wants $60K to sell us the OPTION.

I am assuming 10% vacancy, 10% repairs.A couple things just came up during inspection and I will likely try to get a lower price but I don't think I will be able to get it.Should I just go for it anyways? 

I know it likely lowers the profit margins.

The rents were at $1000 a door with a potential to increase up to $1250 after some small TLC renovations.When you factor in the price point, lower taxes and lower insurance you have yourself a sure fire cash flow deal.

Hi Vida,Based on your goals and budget, here are some suggestions for building a small home with a business space in the Atlanta, South Carolina, or North Carolina areas:Building options:Modular homes: These can be a cost-effective option, allowing for faster construction and potentially lower costs compared to traditional building.