Unlike mortgage interest rates that are governed by specific factors, interest rates in private money are largely influenced by supply and demand as well as other unique factors.

I was just factoring in extra dollars to pay for eliminating the smell

There will be a significant upfront cost/investment to do this but I am thinking it can be a long term profitable little side business ESP. b/c of the fact I will own the building and will not have to pay rent to anyone buy myself as well as it won't require much overhead to run the business.The other positive factor is I would buy the equipment new so there would be low maintenance/repair issues.The way I see it my biggest expenses would be utilities IE. water and gas electricity, as well as insurance and then whoever I hire to run the business.

That's going to depend on a variety of factors.

That's a big factor, especially somewhere with cold winters like PA, if the heat were paid by the landlord.

I assume a 10% fudge factor, usually plenty for unseen and the unexpected, while a few times that wasn't enough, more often it's within 2% of the initial guesstimate.

A mobile home park will often be an external obsolescence factor to neighboring properties, it shows up in appraisals, devalued do to MH activities.

While his credit is not o hot, there is a compensating factor with you as a guarantor based on your expected income.

A couple questions for everyone on building good pro forma analysis before I get in touch with a seller.1) How do you determine a vacancy factor for a 3-4 unit property?

You may also need to install remedial beams across the piers to support the floor slab that was designed to be supported on grade but will now be suspended in the air as the soil settles under self weight but the building does not.