You want it for at least 20% below market, which is $132,800.You go through with a contractor and he estimates $20,000 in repairs so you pad it a little and say $25,000 to cover some undiscovered issues.You offer the owner $107,800 and tell them this is your bottom line to ensure you can make the necessary repairs and turn a "reasonable profit."

Anytime I have to estimate something I know little about, I pad my number so that I can cover contingencies by just getting the job done and not burdening owner/CM/PM with COs.

Hose bib looseInstall concrete pad at rear service doorIf you made it this far, thanks so much for reading!

The Nisource pad mount transformer would run 8-10K, an REMC might charge a few hundred dollars.

These were being rented for $500~550 each.14 empty pads. 

You pay a local licensed contractor wIth a good reputatIon to accompany you for a second look .have him look over all the structure and systems etc.. have him do quick quotes on issues he sees on a legal pad as he’s walking through each room have him check the wiring the roof the furnace the plumbing .

Is it Cap Rate of pad NOI + resell value of mobile homes?

But frankly, buyers are human and not completely rational, so the best you can do is guess what someone else is going to be willing to pay and pad your numbers.

I have 300 rentals and it would literally take all my time.Sit down with a pad of paper and come up with some minimum standards.

If you are thinking hard money you could offer her the equivalent that the points would be - pad her pockets a little more.