All utilities are paid by the tenant..2.Do you do all the maintenance, or put some or all of it on the tenant buyer?

This money essentially replaces the expenditures for advertising, direct mail, signs, time, gas, materials, etc., as acquisition costs.Now that I think about it, it's essentially a turn-key wholesaling franchise, and there are benefits to buying a franchise.

Maintenance @ 5%: $696 Taxes: $527 Insurance: $500 Utility Expenses: $2,951 Total Expenses: $4,674 Net Operating Income: $6,460 Debt Service: $4,126 Pre-Tax Cash Flow: $2,334 Expenses/Unit: $1,558.00 Unit #1SF: 660Avg.

I'm considering lease options utilizing my current PMC.

Use neutral colors and materials.

If you are doing the work yourself, go spend a day at Home Depot or Lowes looking over the material price.

These books open your eyes to what you need to do in order to succeed, and the advice and material is TOP NOTCH!

Potential for Mobile Home Park with other 4 mobiles rehabbed and rented: $3600.00 There is room for 4 more pad with easy utility access.

:D Kelsey,I would think that $83 a sq ft is just about material / labor cost in California.A lease/option would be when the seller offers the home for lease / rent with some part of the lease payments set aside towards the down payment.

My sweat equity and wise spending on materials/labor has led RE broker to expect it to sell for 30% profit after investment/broker/taxes, etc.