That said, you might run into some static from your buyer's lender unless there are strong sales comparables to support your sale price.

Provide comparable rental comps in the area and they let me increase the rent. 

I would assume a 50% expense ratio because your lot rent is still below $300 mark and the % to run a smaller park is very comparable on a per lot basis up until the 75-100 space mark and/or you have over $400 in lot rent.are you going to manage this thing your self? 

@Daniel J. you don't need the financials, because you can use rent comparables.

I know this is a general question, but we are trying to figure out how to adjust calculations of fair market rents when comparing similar renovated versus unrenovated apartments. 

Compare this to my trusted HVAC contractor who will come out for a $50 service fee and can usually fix any issue the same day, if not the next day (or at least ASAP if it's a more complicated fix). 

There are no any tax benefits of conducting REI via LLC compared to personally.

Tornadoes are relatively localized and short compared to hurricanes, so most people don't worry about them that much.

would like to know how can i mail out letters for owner financing to home owners i already know to access town records to find address just would like a solid ground on what to include on my letter that send to them thanks.

@Daniel Mills there are many good markets you can fined small MFR.The question is what are your criteria for good market and your buying criteria.Finding a market is one thing, and having a good team on the ground including property manager is another...I invest in Arkansass and Florida both have good  smal MFR opportunities.