I have a 3 bedroom property that I think would be great to rent by the room- however up until now, I've pretty much gone the traditional routes of renting.

But it's almost impossible to consistently get 2% rent ratio in any traditional C class neighborhood.

The most common product is called "Fixall" - it traditionally comes as a powder that you mix with water and apply with a trowel.

They are plenty liquid enough to where they could buy this particular property out right, but they do not have the time to go through the hassle of the traditional lending process...

Traditional Vs Commercial Financing?

The traditional LT lease on it is $14+7NNN.

New attractions open, festivals and events happen more often, and traditions attract visitors from everywhere.

@Sid Naik I'm not saying that it wouldn't translate in the traditional definition of how you calculate valuation based on NOI and cap rate, BUT at the end of the day it is up to the seller what they want to sell a building for and many owners are still living in pre-pandemic valuations hence why there isn't a whole lot of movement when compared to SFH.

A year later I was able to refinance through a traditional bank.

I focus on mobile homes and parks so I can appreciate the difficulties of 'non-traditional' deals.