Not planning to build anything yet but trying to determine the true value of the land if a lot of infrastructure is there for fire build of stick homes.Electrical and water are in place and each unit has its own septic tank

Pros: -Most major cap ex fixes are covered-A lot less to rehab if bad tenants- great HOA can fend off bad neighborsNegatives:-If problem happens between units can be a headache-tenants tend to not stay as long-bad hoa can cause some issues There is many factors for you to determine- each situation is different

That will determine the next step.

How can I determine the appropriate rent to charge and option price? 

I've finally got my desired niche picked as multi-family units and methods I want to use (thanks bigger pockets podcast for all the ideas) and ready to set sail and this real estate adventure. 

Glad you found audio books helpful, i would first reccomend pick your strategy- buy and hold, flip etc- then you want to figure out how you will fund the deal.  

Morning BP,To make a long story short I just spoke with my lender about acceptable transfers on my mortgage and they have determined that a deed transfer to an LLC is an “unacceptable transfer”.From your (the communities) prior experience what are my options here?

It sounds like you have a niche picked out that you'd like to pursue.

I picked up a 2nd job but will looking for an even better one.

Bennett, The per unit price is determined by dividing the number of units into the purchase price