Do you have any thoughts on using land comps as a way to value purchase price of mobile homes vs other methods like direct cap etc?

Even though Cape Coral is your preferred area, Lehigh is going to be able to offer many more benefits such as better returns, lower pricing, it's guaranteed not to be in a flood zone, and there's a better inventory selectionHistorically, appreciation between these two markets has been very similar.

PS - Commission rates were and are always negotiable, its a misconception that ONLY 6% could be charged or that it could no longer be charged  -- I wouldn't be shocked to still see 6% commission rates moving forward. 

Clarksville is more affordable and has better rent-to-price ratios. 

A fourplex is my vote because there is less competition due to the higher price point and barrier to entry.

I am looking at acquiring two bed and breakfasts whose prior owners did not keep good records or shut down because of Covid. 2M and 3M sale prices.

Hello Carlos,I can help you analyze this deal, but you need go provide more info, what is the ARV, what is the purchase price, is it rent ready, are you going to have to do any rehab. 

Other dscr refis put me at a higher monthly.Appraised Value $700,000.00Sales Price $680,000.00Loan Amount $544,000.00Payment $3,966.67TERMSTue In 480Interest Rate 8.750 % Interest Only Months 120Total Payment (PITI) $4,832.78APR % 9.065 % Margin % Index % Floor RateFloor VerbiageConvertible: NoPREPAY: YES1.

Purchase price was $110K, plus $10K in repairs.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!