My question is if we are marketing this as land, is more value added from the 2020 mobile home or the multiple utility hook ups?

However, most property management companies utilize every available platform to maximize exposure and lease properties as quickly as possible.

By effectively utilizing space, we can often increase the number of units or functional areas within a property without expanding its footprint.

You'll want to incorporate interest costs on the HELOC while you're using it, but that will add to your holding costs in addition to utilities, closing costs, etc..

It is balance sheet heavy but for some reason, most investors in BP are just focused on P&L and they stick with these free accounting platform that doesn't even utilize the Balance Sheet.A lot of the time when I clean up client's books, it's mainly in the balance sheet that needs to be fixed up.

That affects your loan amount and then principal & interest payment.2) Estimate rents based on recent rental comps3) Account for all operating expenses such as property taxes, insurance, repairs & maintenance (landscaping, snow removal, cleaning etc), property management (if applicable), vacancy, utilities (what does the tenant pay vs what you would pay?)

Though it may cash flow well based on their current debt service, when you compare the income it produces to the equity they have is it actually even a good investment for them from an ROI perspective or would they be better off liquidating and redeploying?

I was told initially that commercial deals(5 plus units) were based more off income property is producing than personal credit/finances but that's not entirely true.

Quote from @Ben Fernandez: Gotcha...I like your goals utilizing the lease option.

This really puts things in perspective and helps me what I would need to do if I consider utilizing this strategy.