The "+/-" isn't based on the high or low end of the sq ft range, it's based on the differences in quality, or finishes, or the specific location within that micro-market. 

Do you have a sports team you follow with season tickets? 

And IMHO, the prices are dropping big time (on avg. 10K/month...houses that were above 300K a year ago are not selling at 250K now) and the available rentals saturation is worse than I seen during summer season (with rents dropping from 1$-1.08/sqft to 0.8$/sqft and very little contacts and applications...just go in Zillow and look how many rentals are on the market now in Kyle, New Braunfels or Converse). 

Then the seller gets that exact amount for the property at times (it's a low percentage but it happens).

With other mobile homes when it comes time to sell and if I need the cash then I give a low price so that I can sell for cash.

R5 is a little confusing to me - "intended for low-medium density single-family detached residential development at an urban density of 5 dwelling units per acre".

This allows you to benefit from appreciation, continue building equity, and still access capital for new deals without sacrificing an ultra-low fixed-rate loan.Would love to hear what direction you’re leaning—lots of ways to approach this depending on your risk tolerance and goals!

- The current low rent is probably to offset maintenance issues at the property.- Try to raise the rent and the tenant will give you a list of all the maintenance issues they want you to fix. --- They will offer to fix them in exchange for lower rent, but ask yourself, if the tenant has been living there for 25 years, why isn't everything fixed already?

One time I had to use my knowledge and testing practices after a job, and that was because it was a HUD inspired low income grant job for a homeowner.

From what I hear it is low, but still there.Keep in mind your loan will likely get sold, so you need to do more due diligence other than what a loan officer is telling you.