This is not a bad Free app to have in regards to assessment of some quick #'s regarding a deal or no deal for your mobile: Check out "DealEvaluator - By DHLC" https://play.google.com/store/apps/details?

Hey guys, David is correct with his assessment.

If you're going to be super active and buying and sell a dozen a year or more and renting a dozen or two a year and doing leases and extensions and marketing....maybe then it might make sense to me.  

In the last two months of marketing for wholesale leads, I've made about half a dozen realtors not like me at the very least. 

I always get a very hard nosed detailed inspection done.The guy I use I trust explicitly & get a very detailed (sometimes 40 page) assessment of the property structure & its ancillary mechanicals.I have used that to 'disclose' deficiencies of the property structure etc , to the seller & have used same to secure a significant reduction in price.

I'm new at this also but to me, it throws up a red flag that this particular duplex is assessed almost $100k lower than other duplexes in the same area. 

Here is the little bit I know of the place (I have done some work for him there in the past): 1800 sq. feet. 4br 2 bath (2br 1 bath per upper and lower unit)Purchased in '09 for $197,000Current City Assessment at $169,000 (it needs some love.

Would need to know the NOI, but based on 80% occupancy, $500/door rent, and assuming you profit 40% of revenue, I think your assessment is close at 20-25k/door.

You need to be able to assess all the different categories in your market, understand them based on your market and choose one that you can get your head around and find value in. 

Later on (another slow week) we put together a half dozen 3/4" and 1/2" stubs with a plug on either side and water in the middle.