Up to 75% purchase price , 1.1 DSCR minimum ratio minimum 650 credit score 25 or 30 year for lender I work with

Mom and pop sold the park for a price that the market would tolerate.

Look at rent-to-price ratios, job growth, and landlord-friendly laws.

(Land and construction cost, expected sale price, etc.)My last development in Chicago looked like this:Land = $300kConstruction Cost $650kHolding Cost/Closing Cost/etc. $50kProfit roughly $100kThat project was in Bucktown on the nw side of Chicago.

I do try and tweak pricing just so it sees that there is active updates on the listing sites.

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Purchase price: $785,000 Cash invested: $156,000 Short term vacation rental in Panama City Beach.

IF you can qualify for the $1million+ duplex downtown never a shortage of rental demand, but have to be able to qualify for that price point. 

What you paid for it and invested in its upkeep are not factors for pricing/selling a property. 

Some rehab loans offer 90% of the purchase price and 100% of the rehab costs.