Had to drop my ask price considerably to get my buyer, still made money but only $30k instead of $70k.

First about 50% of students drop out before graduating.

I think once you get over about $350K you need to look a little harder at your absolute profit number.Higher ARV means you need a bigger cushion for overruns and possible price drops (Price drop from $499K to $489K is pretty meaningless, but $179K to $169K gets a lot of notice) so you can't do it for the same number as you would on a sub $200K deal.I like to make 20% profit on ARV, which on this deal would be $100K.

I don't want to drop it on my dad's shoulders and walk away, so I am hoping to find a way to make this a decent investment.

…from what I understand, is that mobile homes values drop like a rock…kind of like a new car when you drive it off the lot.

I wouldn't know Henry, I am just another college drop out!

Again drop the seller's (Grantor) home into a trust and you (the Trustee) give the listing agent his walking notice.

The price has since dropped to $119,100.

The CFD's are dropping faster than interest rates at a Federal Reserve meeting.

This has been a great work out and I've even dropped a few pounds and I feel great.