This figure includes the construction of the building but excludes land acquisition, permits, and other associated costs.Cost per Door (Unit)The cost per door, or per unit, in affordable housing projects can also vary widely based on the specifics of the project.Average Cost per Unit: Recent affordable apartment buildings built using public funds, such as Metro housing bond dollars, have cost between $412,000 and $522,000 per unit.

Totally get the cost seg angle, but I'm just ready to get out of the LTR business, hence the 1031.

I have a double-wide manufactured home on about 5 acres in CO, and I own it outright.

If you can work that angle you should find tenants pretty easily.

Roof coatings for commercial application are widely accepted but that is not the case for residential. 

I am looking at the landscape of other multifamily GP/LP deals and it seems there is a wide range for both IRR and equity splits between GP/LP.

They will make their selections based on what appeals to the majority, because they want to cast a wide net of prospective buyers. 

I have .5 acre of land that I purchased and placed a renovated double wide 2176sf 4/3 MH on for sale.

Information is widely available. 

Try it from just that angle.