In my experience, either you have to figure in the back lot rent with your bid or work out a deal with the park owner for the back lot rent owed.

There's no particular reason why I think things might not work out--it's just that we all know stuff happens and closings fall through for various reasons.If I do a rental agreement with someone, say, for a June 1 move-in date, and my current tenant's plans fall through and she can't buy her new house, I'm in a pickle.

It may be a bit more in material cost, but less labor intensive and therefore less expensive.Always run a permit check (title can do this for you or you can go to the city planninjg department) BEFORE you buy the home.

I hope they work out.

Doesn't always workout, but if you can wait you might get some better deals.

Once he knows that he may get more work out of me in the future, he's even more likely to ensure that the appraisal comes in on target.And here are some other thoughts on how to better control your deals:http://www.biggerpockets.com/renewsblog/2010/02/10/controlling-your-real-estate-deals-manage-catastrophe/

That rule of thumb says all your expenses will work out to be 50% of the gross scheduled rent.

The list will grow as I become more involved with my work out here.

If they check out and seem like they will work out then I see nothing to stop the deal unless you were trying to rehab or sell the units after you closed.If you don't accept this tenant then you will need to work with the current owner to relocate the tenant (moving costs) may be involved.

That would not be a typical layout, but may work out for the most part.