Here is the reality, your chart proves they do not appreciate because in the most recent data (March 2023) from the Census Bureau’s Manufactured Housing Survey (MHS), the average sales price nationwide for a new manufactured home was $128,300 or almost $45k higher than the current price from your chart).Every set of data presented in the chart shows the value below the current cost of a new Mobile home.  

precisely that as a good example.

Coordinating a same-day sale required precise timing and efficient communication.

Coordinating a same-day sale required precise timing and efficient communication.

Arbitrage is a high-risk thing that depends on precise knowledge and process.

Thanks for the reply.I live in the Los Angeles area (Orange County to be precise).

See below output with a few thoughts:- Would need a few more data points to be precise (rehab estimate, duration estimate, property taxes, insurance, utilities, HOA, maintenance, etc.).- Assuming a 12% HML with a 3% origination fee held for 4 months, with a 30-year cash out refinance at 70% LTV and 7% interest rate, where the property stabilizes two months after refinancing (6 months after purchasing), you would (i) nearly breakeven on the cash out refinance and would generate $455 in monthly net cash flow in year 1, increasing annually, assuming you rent for $7,000 in year 1 and increase rent 4% YoY.- See below and let me know if you would like me to send you a copy.

Agreed about investment properties and 100% on the exacto knife and taking time with precision. 

To truly improve my comps & ARV so that my deal is precise with nothing be slightly off, any one of the three i listed would be of great assistance to me in completing my first wholesale.

I've posted this chart before, but I think it helps with your question.