Welcome to BP Nation Mara, though I have never owned a mobile home park, it is certainly on my radar.

@Kevin Pfeiffer we usually use lumberliquidators.com but I think there are a couple of other national liquidators that charge same price.

Namir George at the Michigan Institute of Real Estate is hands down the best.

There is a benefit in having more widely accepted marketable skills, but the skills needed in real estate are not necessarily only obtainable at a 4-year institution.

Neither are wrong, but are very different.Many of our differences stem from what I see as your approach to note investing being slanted toward your type of operations and it seeming to be the "right way" as you have implied and in fact stated in the past as to you being the more "sophisticated investor(s)" as opposed to "street level" or "layman" investors with tones of being inferior in concept.Many of the approaches by institutional investors, who appease a pool of investors are not even applicable to the majority of individual note investors we have here, for example, the manager's rate of return is hardly applicable when that investor doesn't have overhead expenses, employees and investors, it's over kill and not appropriate.

Welcome to BP Nation Matt, use that previous experience and run with it.

It also should have included any commission if there was no Buyer's Agreement providing commissions being paid by the buyer.The "Net Listing" is a violation in all states and an ethics violation under the National Board of Realtors.In RE in all states, the Statute of Frauds is applicable, this requires that all contracts dealing in real property be in writing to be enforceable, that applies to purchase contracts and agency contracts.

The $100 covered MLS fees, E&O fees (about $9/mth), and local/state/national realtor fees.

The pool we are working on has a national footprint, so these instruments span many different states.

You have to be a member of National Association of Realtors to check it out.