Well if you do the dollars per square foot method you come out over half a million.

i rent properties around here and a good yardstick for renting is that they rent for about $1.00 per square foot.

The rehab on a project has the potential to make or break a deal, and I would emphasize that even more if aren't familiar with the construction process and its associated costs.I recommend reaching out to local contractors for quotes on tasks you envisage carrying out on deals you are pursuing.Most contractors at small rehab level will know to single digit % margins what the $ cost would be per square foot.

Keep you out of it and the city foots the bill and the maintenance.

The homes are cheaper and per sq foot seem to have comparable rents with some of the nonmaufactured homes in the area, so even after lot fees etc they seem to cash flow much better than some of the nonmanufactured properties I have been analyzing over the past year in that market.

The homes are cheaper and per sq foot seem to have comparable rents with some of the nonmaufactured homes in the area, so even after lot fees etc they seem to cash flow much better than some of the nonmanufactured properties I have been analyzing over the past year in that market.

There are two freestanding building on the property:A metal warehouse building that is around 5,000 square feet and a 3,500 square foot building that is approximately 1,750 of street level store front space and 1,750 of basement level warehouse space. 

Most people recommend getting your foot in the door with a FHA loan, and then as you acquire more properties you will use conventional loans (larger down payment).Best of luck with your purchase!

We certainly didn't want to start on the wrong foot. 

They think every house is gem even though they probably never even stepped foot inside it.Good luck.