We've been looking to expand recently and he found a wild deal.Place is a 1 bedroom condo, in a great area and seller is desperate. 

Like you, my wife and I live in a rich market with pretty wild price-to-rent ratios.

Maybe another facility is wildly overpriced, or both of them are, doesn't really tell you anything about yours in terms of that.

(I don't mind sharing it - I won't get it anyway - so if it is truly a deal and a BP member can get it, all the better)Details (read the Zillow description - the listing details are wrong): Address: 6610 52nd Avenue Ct W, Graham, WA 983384 mobile homes for $156,000Each home is a 4bd/2ba with laundryCurrent tenants pay $1700 average rent per homeSpace rent is $700 per lotThe numbers (per month for all 4 homes):Total gross rent: 4*1700 = 6800Total lot rent: 4*700 = 2800PITI: 860 (this is for the full $156,000, i.e. all 4 homes)Vacancy - 15%: 1020Property management - 10%: 680Maintenance - 10%: 680CapEx - 5%: 340W/S/G (this is a wild guess - I have no clue): 4*50 = 200Total expenses: 6580Total cashflow: 220I feel like I've been quite pessimistic with the estimations (e.g., 15% vacancy), and it still produces a positive cashflow.

@Anna SmithThat's a very broad question and would change wildly depending on your area. 

Most had the kitchens, laundry rooms & bathrooms across the back & it was not unusual to find Chickens running wild & a cow or goat in the bathroom being milked.  

This same user is discussing his strategy in that thread and i'll give you a wild guess as to if it's trading options or not. 

Glad to have you join us on this wild ride known as Real Estate Investing!

They could be wildly different for you, depends on what you want to do.

Numbers can vary wildly in just a two hour drive.