Even if you go to 55% expenses due to the utilities being included, NOI of 12,960.

I also utilized other free resources such as the local library, blogs, and free online classes.

The land of a vacant mobile home pad is worth $0.The 60x (off city utilities) and 70x (on city utilities) multipliers of monthly rent are correct.The correct way to value a MHP is the lot rent multiple, plus the FMV for the individual mobile homes (not a multiple of their rent). 1970s 'beater' MHs might be worth $1,000 - $2,000. 2000-and-newer MHs might be worth $20,000 - $25,000.

We just built a spec house on a lot that we bought for $175k (which included permits, utilities were at the property as there had been a home there that had burned down) We built a 2350 sq. ft. house and sold if for $675,000.

I read that 70% of DS contracts are signed by the customer and returned within 48 hours (no mention of the non DS avg).

They get the keys but dont turn utilities to their name, Royalty dont need utilities, right?

Their customer service has been atrocious lately, and I see little improvement each time I communicate with them.Second, I believe when the P&S is executed, it must be worded exactly correctly.

Here in Texas renters typically pay for everything - all utilities- water, heat, hot water ect.

Especially since they included custom software and direct mail fullfillment.

Page Huyette and everyone else,I highly recommend considering going a different route than the SDIRA and utilizing the Solo 401k's ability to invest into your own C-corporation.