edit: I read these...

These can be picked up in these C+ areas pretty cheap sometimes, relative to the work that has been done, because there is still the foreclosure "stigma" attached to that area, the seller has become motivated for some reason, and no one wants to pay the rehab premium that flippers make their living from.

The seller sucked out all the cash flow and repaired next to nothing but when they go to sell they can't eat there cake too and want a premium price.This is a basic example of many sellers looking for a sucker buyer that is inexperienced and doesn't have proper representation that will get taken advantage of.The lender giving you a loan will look at DSCR ratios and cash flow etc. going in but will not account for near future repairs and could care less you make money as long as you service your debt tot he bank.

One year when we first purchased our property we used HR premium, to give me a guideline of the years to come.

Then go edit your profile and figure out where to put periods and commas.

If I am still not able to find a park to buy, then I will have to edit my requirements and stratigies but this is where I am starting.

(edit) I enjoyed the first episode and cannot wait for more.

Also REITS these days are trading at unbelievably high multiples, it is hard to justify paying such a huge premium to invest in real estate via reits.

I do see it was "Edited" So I am sure there was some reference there that I missed.

Or do you just add a premium on top of the PITI payment and drop it until you see interest?