@Kaylee Pratt it just arrived yesterday.... about to devour it.

But you’ll work through it.As for Future Assumptions, you’ll have to arrive at those numbers by looking at historical data for your local market and look at where your city’s economy is going.

They say that the pipe had only been broken for 2-3 hours before my friends arrived.

@Keith Meyer everyone values parks different ways, but banks use NOI and cap rate to arrive at a valuation, so from my point of view it makes sense to use that to begin with, even if it's only in your head.As for comparing across deals, all you need to know is number of occupied lots and lot rent.

Hi would you rent to a graduate student newly arrived from west europe with no credit history, income or domestic guarantor?

How did you arrive at $49K for the Purchase price?  

Identify similar properties nearby that produce income as a resident and as a commercial property. use those numbers to do your I=RV calculation, but discount the income to arrive at a conservative number.

Hi All, I just arrived to Austin, TX.

How did you arrive at $461,500?  

@Scott Freer, if it was you who arranged for those figures to arrive at exactly $50k profit (less tax), based on realistic rehab and ARV figures that you carefully researched, to arrive at your maximum allowable offer (MAO), fine.But if those figures were presented to you by the Seller (or agent), not so fine!