Lot Rent X Lots X 60 (if its in fair condition, or 70 if it's in great condition and single metered).$250 X 14 X 60 = $210,000 or $250 X 14 X 70 = $245,000However, yes you do have to figure in for the house, but if that is all the rent you will be getting, I am not sure if I would consider this a good deal.

. :)After a few years working under those conditions you can think about growing.I realize you want to market the projects to your investors with big numbers, that is an absolute beginner mistake.

BTW - that same formula is also used to set the RTT on sheriff sales, since those are almost always bought well below "fair market value" (but since that formula used doesn't take into consideration the usually terrible condition of properties in sheriff sale, it's not a true reflection of actual market value of such a purchase - but that's another topic altogether).

The bank has no obligation to agree to a short sale under ANY conditions (other than perhaps those recently mandated by the Federal government), so what exactly do you expect their lawyers to tell them?

This is regardless of the condition the home was purchased or price the home is sold (even if you give a home away for free, the home must be habitable by their definition).

I still always prefer to get credit/ criminal checks if possible, so if you cant get these without social, then you have justification for being uncomfortable renting to #1.

It is a SFR 4/2 1800 sqft in fair condition.

The home is in a good area of MI and and from how she described it is in good condition and was been well maintained.

It seems like one of those areas where, not knowing the condition etc, it's performing about as to be expected, maybe a little under.

Though there are of course actual assets in the plan (unlike social security), most plans are underfunded based on realistic assumptions about their future investment returns (they tend to overstate their investment return assumptions to minimize the contributions that the company needs to make to the plan, which is a hit to their earnings).However, this is not to be done lightly.