Hi Jacob, There are DSCR and Hard Money Lenders that will finance a manufactured home as long as it is not in a rural area, and there is no land lease.

However they cannot supply 10,000 of those deals. 

How are you planning to fund the rehab costs?

Strong dollar means higher component costs.3.  

The second thing would be simply the costs, themselves.

So, we felt we had no choice but to stick with this guy.Move on to the end of June. 

You mentioned no issues and that they are highly regarded student housing sponsor.

Make no mistake, shifting a "big war chest" from liquid investments and cash into a cash flowing real estate portfolio is not a passive endeavor.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

The applicant was initially upset and claimed no other reports has previously caught flagged this.