If you're taking into account the ballpark number of $900/mo (or whatever you're planning on paying in rent) x 24 months (just an average based on new build timelines and playing the waiting game with material pricing etc) that would be about $21K ish- or about half or 1/3 of the cost (this will be area specific to you of course) of a small modular home maybe. 

Her name is Maria Liccardi (Pittsfield Mass)

I rent it out while I live in Mass purchasing more investment properties.

I feel like agents might play with the numbers in order to make it seem like a better deal that it is actually.

When doing a cash out refi, you don't have to take all of the 50k out, you can play with the numbers so you can take some out for a down payment and still cashflow.

I do like mass marketing--when it works. 

I enjoy activities, such as hiking, kayaking, bowling, and playing pool.

., I also think this is part of a power play on their part.To those that are still with me, I hope this was interesting reading.

Since this is a first property, I'd like to play it a bit more conservatively, which (I think) is why the cap rate of 4.79% is lower than ideal.

I'm trying to learn to evaluate a deal by playing around with numbers with bunch of properties.