I personally invest in mobile homes for cashflow in Wichita and am currently investigating the possibility of a small apartment building within the next couple of years.  

The problem is I'm putting properties into my excel spread sheet and my cap rate pro app and I can't seem to "make" any money if I purchased the property.Bellow is my hypothetical example based on a real house I found on the MLS.Asking price $84,000Purchase price $84,000Renovation $12,000ARV =$110,000Rent $1100Vacancy 7% ($77)Capex 5% ($55)Repairs 5% ($55)PM 10% ($110)Insurance ($150)garbage ($20)Property tax ($200)Total expenses $667NOI= 433Mortgage5% interest 20% down Over 30 yearsPurchase price $84,000 Monthly payments =$ 361 =$72 cash flow witch in nowhere near my requirements of $150 cash flow for SFRSo basically I can't "make" any money on a $84,000 house.

We were using Evernote as our project management type app to share checklists, shopping lists, budgets etc. 

I will be attending more of his classes.Clyde Wilson - specializes in mobile homes and has commercial investing experienceJimmy Napier - not clear on specialty but appears to have done a little of everything (most entertaining speaker -- you just have to experience it to understand)Jay Decima - specializes in small multi-family and clusters of single families (investing that most aligns with my current focus)Dyches Boddiford - known for asset protection courses, IRA investing, and lending among many other things (he was my favorite speaker because he was the most organized and easiest to follow).

Commercial lender wants to charge 2 points plus $2795 app fee on a fixed 5.75% 30yr.I have a 750 fico total cost is $330 loan is 280k.

I remember listing to a podcast a few months ago about mobile home parks being a good cash flow investment.

Are you sayong that they are using all 3 apps ?  

so here was my first deal:2004 I purchased a four acre parcel that included two doublewide mobile homes for $65,000. 

Then headed to a town south of us to a place that flips mobile homes. 

Hello BP,I am new to mobile homes and real estate investing in general.