There are risks that don’t occur with a retail purchase, mainly in access for determining the true condition of the property (and therefore setting your make ready budget).

Another alternative is:Vinyl siding - this will be a lot less maintenance but cost will be at least $10,000Both air conditioning units are 25 years old (as old as the duplex) and could go out at any time.

Now what percentage do I take off to adjust this price to the current market conditions?

She'll make a mistake at some point, and you'll have your chance to get rid of her.For future reference, it is sure easier and cheaper to have your rentals in safe condition before you rent them out.

The properties are below market value, fully rented in good condition.

there are a lot of variables, i.e. the condition of the trailer, how many bedrooms, the location of the park and how much you have to subtract in lot fees, taxes and insurance.

House was built in 2005 and in good condition.

Now if they were in fair/poor condition, that's another thing, but if they were close to being what is normal for that area, you can not ignore them unless you want to loose money.Having said that, if you want to throw away your money, I can give you my address and you can send it here.

Has lease through next year.Owner (happens to be a Real estate broker) will sell for 80k.Property doesn't need any repairs and sounds like is in great condition.

My parents offered to cosign this loan for me (can varify their income and both have 800+ ficos) but I'm also interested in purchasing additional property myself without any cosignersIs it possible for me to get a mortage under these conditions?