This gives you closer to conventional rates, but this loan has a pre-payment penalty within the first 1-5 years, you choose the length or penalty. 3.

Many tenants in MHPs don't care about keeping their credit up when life gets hard and are willing to break their lease regardless of length.

I did speak at length with a company that specialized in it and would be happy to share their info if you DM me.

Tim and John,To the first question, I've never heard of Sharestates and I would definitely consider length of time in business for any company you chose to work with.  

Again, I can't speak specifically to your situation, but I can say that we've gone to great lengths to ensure we capture the most accurate data available.I hope that helps. 

The cap rate value will depend on location, structures of the leases with length for term, whether mom and pop, regional, or national tenants, rent increases annually or every 5 years, etc.If the tenants you get to lease up are mom and pop to regional they might not pay the rent per sq ft base before CAM that was used to for the project and profit expectations.

Renting at an arms length transaction to a related party is generally OK. 

Considering the length or term of your mortgage is also important and can impact what you might qualify for.

However, more important than the monthly rental rate you can look at the length of stay.

In addition to the scope above, we'd typically have a floorplan, renderings, elevations, and a full length contract that specifies what we're responsible for and what the customer is responsible for.