A smooth sea never produced a skilled sailor (Franklin D.

Our factory produces all HCD Certified units ranging from 275sqft up to 960sqft.

The property is important to us, and the numbers mustshow the deal will produce a fair profit, but as direct lenders (i.e., we lend our own money) we always bet on the borrower first.

What we're struggling to understand is how to underwrite/estimate the paper losses that a MF would produce and IF this strategy is worth it from an income/tax savings perspective.

There is no way a PML will wait that long to get all their money back if your property on produced 250 a month.

Just want to clarify how you got there, to get to $12K you divided 1.2M by 100 lots (of which 60 has homes on them and producing rent, 40 lots are vacant). 

They should be using a net rental income analysis which would produce an income figure specific to each property based on your reporting on Sched E.

A perfect example from my day today, lol, I showed two homes, 2-bed A-frames next to one another, one was producing 120k, the other under 70k (Both with views).

That company supports foreclose bidders they produce a document daily on all the sales with same info I mentioned above and color coded certain props with extra caution Red or Green for ready to go bid with confidence. although this created uber competition. 

And I want to rent out their home to produce cash flow with low interest rate, which they have.