Based on that, do you anticipate increasing or decreasing your investments?

My name is Zach Langley, and I’m a licensed realtor based in Dallas, TX.

To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.

Seriously, it's important.And as mentioned above, the amount of rent you receive on multi-family properties is based on 12 month rental comps.  

I'd underwrite the deal as any other - make sure you are conformable with the quality & tenant base. 

In that scenario Section 8 tenants are the least risky tenant base. 

Hi Mike,I'm a Los Angeles area based mortgage broker that can assist.

Assuming a 40% expense ratio, the net operating income at the current income level would be around $19,440 annually and $28,800 after renovations.At a $360,000 asking price, the cap rate based on current NOI would be 5.4%, which is low for a park with park-owned homes and required renovations.

In that scenario Section 8 tenants are the least risky tenant base.

Based on its price and rental income do you think it is worth it?