Interest rate is the key variable. 1m @ 3% = $4,216885k @ 4% = $4,225788k @ 5% = $4,230And it goes on and on, with each 100 basis points equaling an approximate 10 percent decline in the asset price to keep the payment the same. 

@Lilith M HaasI would have your plumber camera the line too and see if there is anything that can cause issues, it only cost me $200 bucks to check my lines to make sure there were no issues, we had serious issues with ours and replaced the lines and added clean outs, had them recheck after a year for piece of mind and was all good, no issues for 2 years now but we have in our lease no lady products or wet wipes down the toilet, and if there was a clog and these items were found that the tenants would be responsible for the bill.

The market declined a bit.

Typically it will require 20 percent unless you are using a government insured rehab product. 

Make sure you check out all that this site has to offer.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proI really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alerts

If not, the initial cash flow will be the highest you will ever receive, and you will have a continuously declining standard of living.Population Size - Greater than 1 million.

It's called a "test ad" and should have been ran during due diligence to test for the demand of your product in that market.

However, I have seen where the CAP and CoC rates have declined over the past 12-18mos due to increased values.

I don't think ill buy another MFG home in Tennessee, its just a bit tougher product to sell as they are less desirable, and the values tend to be much lower than a site built SFR.

The decline in existing home sales coincides with rising sales prices, which have continued to soar into fall, with the median sales price of existing homes up 14.9% compared to last year.