I often like to think of extremes to put it in perspective - if 100% financing was available, everyone and their brother would be buying up property and the prices would be astronomical.

This is extremely helpful, I appreciate the insight.

I'm extremely familiar with this area.Property: 3 unit, all 2 bed/1bath (1 of the 3 units is not allowed as rental due to zoning.

I grew up around Winston, and with speaking to some of the agents that I know that are working up that area, it is still and extremely interesting market with plenty of people putting their hands into the pot.

@Mauricio SandovalI was getting extremely high insurance quotes for our properties in Ohio, then I realized after reading forums on BP that you have to ask them to quote you on Actual Cash Value, not rebuild cost (which are extremely inflated during these times of supply issues).

They kill your equity and make the sale extremely difficult for anyone.

I am extremely new and just trying to get better understanding numbers.

It is rare that municipalities permit new mobile home communities and financially, unless you have extremely deep pockets, buying a existing community with cash flow is preferred since a new community with no homes and no tenants will take many years to come close to even breaking even from lot rents.  

- in a market that is both hot and extremly predictable and set in its direction - if they can break even on a property or chip in 200 dollars.The rest of the story sounds like right out of Dolf De Roos' playbook.

If you are on FaceBook, Pace Morby's group is extremely active in the creative financing space.