I am writing you because I believe this action is both unwarranted and misguided, and potentially very damaging to the manufactured housing industry, its employees, and the consumers it serves.Specific to Illinois, over 14,000 Illinois residents derive all or part of their living from the manufactured housing industry.

When a 15 is paid off, a 30 still has a 75% balance.Mortgage is derived from the word - muerte.  

"Maximum bid" is based on the value of the property, from comps or however you choose to derive that value.

You can take selected markets and compare the last several years and derive their assessed increases/decreases.

Mobile home parks are seen strictly as income properties and the values are derived by a cap rate on the income.

Cash In-Flow - Cash Out-Flow = Net Operating Income or Debt Coverage RaitoNet Operating Income x (1-Business Tax) = After Tax Income Net Operating Income / Property Value = Cap RateNet Operating Income / Initial Investment = Derived Cap RateIs a Duplex or Triplex not evaluated similarly?

Lending is a great way to derive income in the real estate sector.

The garbage amount came directly from the city and confirmed by other biggerpockets members; the insurance estimates were derived from the bank spreadsheet, which I know I could get even more specific just by calling the insurance company.

Within the MAI education program we are taught to support, research, and verify all data within the report.In practice, that doesn't always happen and we all make mistakes (or get lazy)A stabilized multifamily appraisal should be pretty straight forward with market rents, market expenses, and market derived cap rates.  

The numbers you gave are derived from?