The owner was absentee and the park was managed by a resident.Apparently the industry standard is approximately eight and ½ times the net for a purchase price, with premier destination Parks commanding up to 11 times the net.Every one is now betting on higher oil prices which will provide a headwind to this industry, especially the roadside stopover type Parks and those that are away from attractions and amenities.

The other 2 should command the same.

In an area where most of the homes are block and woodframe will a home that is a log cabin command a higher premium price per square foot?

If you know what other 4-units are trading for in the area and you know what rental units command what price, you should be able to back into the maximum allowable offer that will make financial sense for you whatever terms you decide to set with the seller.

Each unit is efficiency, however, so commands lower rent.Currently 4 units rented, only 3 with written lease. 1 is verbal.

If you look at your dollars like worker bees or soldiers, and you are the king bee or commander, your job is to make those dollars go to work for you.

Its great you are doing that to avoid issues down the road.SO as tenants move on you may want to update kitchen and bath, paint and carpets like you have to your unit and command more rent.

This will have less competition from normal home owners and flippers because it just won't command top dollar if it's next to an apartment complex already.Buy a single family home with an ADU (accessory dwelling unit) and rent it out for short-term rentals on AirBnB (or similar).

Experienced historic rehabbers are few and far between and can command premium prices.

Rush assignments will command a higher fee and more experienced appraisers will often reflect higher fees than newly licensed appraisers.No to the specifics, residential multi family properties (2 to 4 units) have a higher appraisal fee than single family homes.