Many lenders won't lend on vacant land, but lend once there is a foundation poured & utility hook up availability and approved building plans.

What type of furnace (gas boiler, electric, etc.)Are the utilities split?

I am sure you are already utilizing the resources BP has to offer.What kind of REI are you looking at?

The interaction was very strange. 

No tenants no toilets can utilize the land to camp on .. or enjoy in other ways..

The simple ROI formula is profit divided by total cash out (leveraged funds excluded).This is why you can often see huge and even infinite ROI numbers when the cash outlay is minimal.Example, down payment, utilities paid, renovations costs not financed, insurance payments, and all other cash out of pocket equals your cash investment.

There are 9 Mobile Homes which are mostly 1990s, and only 4 are currently rented for a total of $2650/mo, 3 vacant,the remaining 2 need to be repaired, and the last pad is vacant. 3.4 Acres, city water (master meter), septic tank, and individual electric.The deal financing was $200k, $30k down, 6% interest, for 10 years.I know the unofficial formula is lot rent x # of units x 12 x .6(owner pays utilities) or .7(tenant pays utilities) x10 (CAP). then you add in the wholesale price of the mobile homes to get to your priceWe are planning on renting the land and home as a package deal.

I've been servicing a few flippers in buying properties and have come to the conclusion that I can provide a valuable service and earn by contracting rent-to-own buyers to utilize myself for their transactions.

Looking forward to interacting with with all of you in the future!

Looking to see if anyone has had any experience or can give any advice when it comes to utilizing crowd funding, equity sharing platforms?