Seller was tired of the land and the buyer was an institutional mobile home company.

The seller is now asking for the inspection report and appraisal. 

@Bob Sislow Well, it’s all about local demand/market and price.

It fits within our buy right criteriaWe own 12 units right next door.Newer vintageThe three beds are in high demand, and we are blowing away the 1% ruleThere is very little cap exWe focus on PPU (profit per unit), and this is going to profit nicely and add to our scale in that part of the marketExit strategy is to refinance our capital out when rates drop, and to hold long term.You have to be willing to take what the defense gives you, and you have to understand all of the investing strategies and know when to use them2021 and 2022, we only did about 200 units, smaller deals, but very profitable and we’ve refinanced all of our capital.2023 was an excellent year. 128 units, 105 units, and 97 units.If you aren’t doing deals, you can always be improving operations, meeting more potential investors, and creating more relationships.Life is like real estate.

What's the demand for that in your area with the students?  

Has anyone performed a Rent to Purchase financing with their buyer, as opposed to seller-financing where a deed of trust and a promissory note is issued to the buyer? 

Look at areas with high rental demand, possibilities for capital growth, and properties that fit investment objectives.

Is it different from seller finance?

I found a multi-family listing that says the seller is offering a partial seller carryback.

On the right side under other costs I see the 3% commission for you agent which is fine, but then I see another 3% "seller credit" on the left side.