Think about changing your model to a buy, fix, rent, and then evaluate model.  

Donnell Jackson I would evaluate where you want to be with RE.

I am interested in possibly purchasing another MHP and i wanted to see if someone could tell me a good formula for evaluating the parks purchase price, i know the current owner is gonna be a little high and i want solid numbers for our first meeting.

Looking for how other evaluate purchasing a buy and hold property, beyond the "numbers". 

It depends on your philosophy and the market.Each year I evaluate current rent against market rent.  

Dear Bigger Pocket community,I am evaluating a few properties in East Valley Arizona.

I want to help you track down deals, evaluate deals based on your given criteria, and help you to work with contractors or other industry professionals in order to close deals, and build your business and your portfolio. 

Obviously you need to evaluate and manage risk here.

Keep us posted on your progress!

With the health of the economy as strong as it is now my guess is that we'll start to see rates working their way back up towards the 5-6% mark...I just don't know how quickly it will start to get there to take this into consideration when evaluating deals.