I'm near the Seattle area, if that matters.Also, does anyone have experience with the bigger firms, or would you recommend a smaller firm/sole individual?

If you do some searches here, you read opinions and individual preferences among these companies, pro and con.Lot’s to read about and to learn but you’re on the right track.Jeff

If we moved toward a purchase I would do at least a BPO or a blanket or individual appraisals.Thanks for your reply and any additional thoughts.

This has been my business for over two decades and I routinely lend to fiduciaries, private and public, personal and commercial, without the need to vest title individually or sign co-guarantor agreements.

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.

Not ideal, but not unbearable...not sure if that warrants a short sale or not.

Another startegy is admitting LLCs as a member. 3 in one LLC and three LLCs as members in an parent LLC, this allows 9 individuals to participate in one LLC, this was blessed by my attorney.

Wholesalers, ideally, are helping people who are having trouble selling, not taking advantage.

There are several strategies available based on your specific situation Re: depreciation, It really depends on your individual tax situation.

4)If we move a property purchased through an individual loan and then try to move it under an LLC, do we need to pay transfer tax?