Right now, this location is cheap, but it has very good mountain views and you are seeing business interests move in that would suggest more money is coming (aka, Starbucks.) 

A lot of buyers in the price point look have "views" as one of the primary drivers of the purchase decision.  

Given the large spread between unleveraged returns and your cost of capital (4.75%) is a great sign from a financial risk view.

They have deep emotion tied to the property, they view it as their dream home.

@Brad BellstedtI own 9 rental houses in downtown, all between Sahara/Charleston and Valley View/Maryland PKWy.I bought them with a total investment of $550k between 2010-2012 and they are worth about $2.45mil today.

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.

Most of the others mainly just "flopped," i.e. ran out of money, can't get the work done, etc.Yeah, its also a point of view thing. 

That might be a personal view of who you spoke with. 2) Refinance in an LLC so I could faster on the commercial side, but from what I'm seeing it's not the case...

You may also want to view some mobile homes in communities around the area to see what sellers and/or parks are doing in their own units when their homes are put on the market.