If there's a lot of demand, the parks have higher lot rents for the most part.

It is zoned as single family house, located a demanding area with good school district.

If you think the buyer or his representatives are unethical, though, don't give an inch to their demands.

This is if you want to receive a return of all your original funds contributed back upon refi.The all in in this case would be your acquisition/carry costs/rehab.In the PNW you might not be at 75% of ARV initially during the acquisition, however due to such low inventory and high buyer demand you may end up at 70-75% after you're doing rehabbing and renting the unit out.

How could I figure out if there would be demand for nicer, $800-$900 2 bedroom rentals?

Yes, they can drive demand up and yes than can make the market to strange things, but I guess my main point was "don't worry about what individuals are doing, always look at the market", so I think we agree.

Though there are legitimate concerns that this complex will push gentrification, I think it will add to the vibrancy of the Hilltop neighborhood.As a new investor, I'm not sure if the addition of this complex will push up rents in the area by increasing average rents and desirability, or depress them because it is adding a significant number of new units, thus decreasing the demand on other units.  

Also remember that there are a lot of other factors to consider for vacation rental properties such as seasonality/demand, view/waterfront vs. not, community amenities, what it is near, making it warm and inviting, etc.Best Regards,Scott

Or if you feel so inclined, you could pursue a strategy like direct mail marketing, or working with a wholesaler.If the demand for your most desirable neighborhoods is too high, are there other areas of the city that offer similar features?

USAA didn't like hearing their rates were beat and tried to demand we give up the name of who offered us such a low rate.