More people are moving here vs leaving.There is way more demand than supply.

Not sure how many of you BP'ers follow the NBA so here is a quick background and look into what could happen:Lebron James plays for the Cleveland Cavaliers.

But as I stated this is no 2010.. this is a new day.. the big wholesalers that provided inventory to my turn key company I was funding in Orlando or instance they are out of business.. so it the turn key provider.. simply not enough inventory for that model to work.now to be fare they are real estate brokers which in most instance the law demands.. and so they just switched to  traditional real estatethis is why wholesaling as taught by guru's can be a dead end street.. once it peters out like now.. what do you do?? 

If you play around with it, zillow caches old rental listings. 

Second, the cost of materials is soaring, but hasn't yet stopped the demand for a new home on the buyer's side.I know for certain that some banks are flipping houses now, rather than sell off their REO properties for discount.  

Looking at this as a MHP:Hard to see such high lot rent in a place "far out", but let's play with that and some other assumptions:12% Cap, 9 Lots at $350/mth, 50% expense ratio (park provides water & small number of homes),  = $158K. 

Chase Bleke , what is the demand for vacation rentals in Vista?

I watched this all play out after the Oakland Hills fire that destroyed 3500 homes.

This plays a big part in determining the value of the land for development purposes. 

I played around with the numbers many times but just couldnt make it work and decided to pass on it.