Even if you don't wind up with a property that 10k underwater when your done, your target audience is still going to be people in that community who generally don't have much respect for your product, or money to pay for it.

So, yes I may eat some $$ by turnover, but in the long run it's $$ well spent in my mindBe cool and respectful and I'll "listen" to your perspective and see what we can work out and it really becomes about the $$ lost on turnover vs no rent increaseI got the impression from the OP, that the tenant was less than friendly and respectful about the small increase....not a good sign of how they are going to behave in the future

He owns Clayton Homes and 21st Mortgage, the largest manufacturer and largest financier of manufactured homes in the country, respectively. 

The debt to income requirement is more flexible with FHA than it is with a conventional loan, 55% compared to only 43%, respectively.

.); working capital, & so forth.And then you divide again by the total Sq ft and/or Units for the respective number.So as you can see, there's a few more considerations than just giving a "flat rate". 

@Kelly DeWinter Respectfully, I want to say that I posted under the category of mobile home park, which should indicate the post is about mobile homes.

Although I learn quite a bit, the pervasive tone is often a victim mentality and a stunning lack of respect for supply and demand. 

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.The site has quite a few tools that can be helpful for new members.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

this is a little time sensitive so would to chat as soon as possible. regardsBret Hey Bret,It sounds like you're looking to find out more about portfolio financing vs conventional agency (fannie/freddie) options with respect to an investors point of view.I discuss a bit of this with respect to your scenario however I am not licensed in VA.