So a park with space rent of $500 per month- is $6,000 per year- is a value of $42,000- give or take... pull 10 homes like this and you have lowered the value of the community by over $400,000... dealers make a margin or spread on a deal- a few thousand per deal- park owners play the CAP rate game- the stakes are much higher... when there are more home sites than homes, the game starts playing rough. 

These are the renters that cause death by a thousand cuts, small infractions or problems but the sheer volume becomes a regular irritant.They constantly complain about "problems" like mold in the corner of their tub that could easily be cleaned or that the neighbor's porch light is too bright and shines right into their bedroomHabitually late with rent.

First try to figure out what an acceptable risk of ruin is, then you can figure out how likely you are to go bust by estimating the risk in a project at knowing your bankroll.

Again, there is thousands or even millions of properties, so a blanket stament of competition is nor really the case.

Our realtor is recommending a home inspector and although he has given us no reason to not trust him, should I be worried about someone who might not want to ruin a deal for our realtor who refers business to him?

What stuck out to me on this podcast is when he said its more beneficial to save a thousand dollars than to earn an extra thousand.  

No foreclosure, short sale or loan modification available.I don't know what happens now that I've involved their foreclosure attorney, but I'm pretty sure they will not be able to provide the accounting prior to 2011 - least they  haven't been able to for 4 yrs.I can't afford an attorney - $10's of thousands to fight the lender, and even if I'm right, I can still lose. 

I went to my first foreclosure auction last week, and even though I lost by a few thousand, I was confident in my numbers.

Just to maintain a license is thousands of dollars per year.

I've seen a 2nd position pop their heads up at the last minute and demand thousands more - which cannot be financed, or the 1st lien holder will take it.