. - Assessed LPV is $5,782)$1200 trash, $500 water/sewer, $800 insurance - I assume all are annually, but I should askThe owner should take care of landscaping - currently no idea how much should it costNo gas info, no pics of the 2 units and it is written that tenants should not be disturbed since they are not aware of the sale - So for me, it is like I can't really send an inspector5% vacancyMy questions:Do you have any recommendations on how can I tell the trend of the area?

These retailers contend that their fully operational, often thriving businesses should be assessed the same as vacant buildings or “dark stores

I would say your assessment on most new investors not understanding value add is correct, but I wouldn't classify them as investors.

I also have a very compatible 4 unit that is down the street that has been a great property, so I know what the property should be doing.How did you find this deal and how did you negotiate it?

At this point, you would want to realistically assess your chances of moving quickly through a court process and the court being reasonably neutral in judgement.Some states will be better than others.

Additionally, they can go up at anytime or you may get hit with a special assessment, which can easily wipe out months or years of profit.Due to the price point, these units are unlikely to make good rentals.

A few ideas, all of which require research and feasibility assessment as they depend on local regulations and/or affordability / demand in your market:1) add additional lots by developing unutilized land2) add storage space / shed for residents to rent for a monthly fee3) offer a cable or bundled cable / phone / technology package to residents; buy services at wholesale rates and sell to residents at discounted retail rates4) adjust rents based on size / location / views/ambience of lots in the park5) bill back water/sewer/trash, where applicable 6) offer billboard/advertising space if your park has decent traffic visibility7) lease space on property for cell tower operator 8) cut grass on residents’ lots for a fee9) paint/wash/skirt homes of residents for a fee10) fill vacant lots / vacant land with area for long-term parking for boat/RV/equipment 

They wanted $165,000 I offered $135,000 due to the assessment value and they countered with $138,500.

I'll give the for sale by owner lead to anyone who may be interested.I'd still like some help assessing that property we are renting by the room.

Thanks.Asumptions DISCLAIMER: This is a quick assessment comparison only.