Im trying to save the relationship I have with the Loan officer and his team as I plan to use him again for future purchases.Underwriter stated he will issue CTC after he has market Analysis for rent, but he has stated he would give CTC before but instead requests more documents that are already in the file. 

Hi All,A few years ago I bought a commercial office building that I rent out to healthcare professionals and it has been successful so far.

Tire kickers with no skin in yet bothering residents by viewing apts or stores/offices is annoying and detrimental to our business. 

@Robbie Pollock Jr have you already spoken with a mortgage officer about the va requirements?

Hotels, office buildings, retail, agricultural land, vacation rentals, oil and gas, marinas, -  What's your passion? 

This increases the gross revenue on the property, putting it into a cash flow positive position.But prices have climbed so much in the last few years that even a duplex doesn't cash flow without it being a sweetheart deal or without putting in at least 100k to 120k down payment.

@Jeremy Anan You're best bet it to call the Fire Marshall's office to get clarification based on the uniform fire code.

At $400K for $2K/mo revenue I'd be very surprised if it had a positive cashlow within the first 5 years, if you take into account all the operating costs.

Let's also assume there is sufficient demand to fill the park and sell the homes to new or current residents, so it's full.   22 lots producing $250 would give you a gross revenue of $66k.  

@Keleisha CarterHey Keleisha, the calculator uses 50% of revenue to estimate expenses, which is good for a quick back of the napkinb estimate, however if you're seriously considering an offer make sure you hone in on your numbers.Taxes are pretty easy to get right, a conservative insurance estimate equally so.