Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says:  MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (or divided by market Cap Rate... pick your fancy)The problem with using the NOI is that you can never trust a seller's numbers. 

And put it in perspective my company lost over $4000 on a transaction like this last year that I originated needless to say that person is never getting a loan from us again. 

@Mike Dymski thanks a lot for the perspective.

-Points of contact with multiple banks, a few of which I have met in person-Lawyer relationships in Little Rock-Detailed notes and research on Little Rock, Understanding of which sub markets are desirable and why -Property management relationships (often the same firms as brokers in Little Rock) Detailed notes on their policies and notes on some of the specific properties they manage.

Morris Invest is NOT a true Turnkey Provider and there are multiple forums on here that if you read them you will be able to form your own opinion about them.

Multiple meters on the outside of the house, multiple mailboxes, numbers on doors...just a few off the top of my head...

I really want to become a real estate investor and buy multiple properties.

there are multiple sites that various NH towns use. 

Long story short I have met a landlord who has multiple 3 families and single-family homes in the south shore area.

If you want to replace your W-2, you may want to also consider adding value so you can recycle the same cash on multiple properties and it will accelerate your pace.