The park changes their rules and only allows owners to live there .The lot rent doubles .The park says the unit is too old and must go .Why is the seller getting rid of it ? 

I have mailed DOUBLE their required minimum number of mailers per week.

I'll double-check with a tax professional to confirm.One more thing I overlooked...

Shared capital, double income on loan, blah blah blah ... 

It usually takes me about a week to find a buyer but we always do a min of 15 business days as due diligence period on every transaction.The way you get paid is by assigning the contract or double closing.  

Just a quick look at your needs list, you would be looking at double that especially if you are contracting all the work out. 

@Tom Gimer sorry- New phone, New operating system... still adjusting to Android. double space doesn't even capitalize on my phone!

I purchased in 2006 but the home still returns the same despite the rents doubling due to the age, property taxes and maintenance. 

They will often want a new building constructed and building today with labor and materials is very expensive versus retrofitting existing building.When I buy value add vacant buildings the goal is to double the return on investment within a 3 year period.So if I can use the existing building and retrofit to same concept ( example previous burger inc. but now Whataburger wants to come in ) then not as much tenant improvements to convert.So if rent 20 a foot for 5,000 ft that is 100k NOI NNN a year. 7 cap value is about a 1,400,000 stabilized valueSo if I buy it for 400k and have 300k in it more 700k to get new tenant in the value is then around 1,400,000 based on NNN 20 a foot and a 7 cap rate exit value.If you want a premium price then you would need to sell to an end user tenant ( regional or national in nature) that wants to buy the building and put their concept in there.

When time to buy ... floor plan with double master is popular.