The latter missed defects the visually impaired would detect.Obviously the more detailed the report the better it is for an investor/buyer but what agents (esp listing) hate is using that inspection as leverage to reduce the price (& it could become part of the disclosures).

On 30 years at 4% the payment (sans land) is $429.67 meaning that the rest of monthly debt cannot exceed $1,000 per month without accounting for land.If a manufactured home goes into a community with a lot rent of $275 and sells for $35,000 the total monthly obligation will be around $555 including the land assuming $5,000 down and a 20 year amortization and an APR of 10%, That does reduce the permissible outside monthly debt to a little under $1,000 a month but it also accounts for the land.Obviously all of these figures will need adjusting for the area of the country and for the goals of the community owner but the idea is clear.Thoughts?

Recently their stock price has dropped by over 75% and their credit rating was reduced from BBB to B- by Fitch Ratings.

What she didn't realize was that HUD would then reduce the amount of the rent that she would pay.

I think, that they think, that they can just reduce the purchase price and apply them to seller closing costs ..

Don't forget to take the Energy Star credit on your tax return.That may be a bigger bang for the buck than the allowable depreciation or hoping to get away with a deduction :)

If you have the time and energy I would go for it.

Form a landlord perspective, we are not renting with utilities included (a big plus ... we are also able to assign the water/sewer to the tenant in our SFH student rentals) and, as an added bonus, it allows us to track the performance of our buildings following the completion of a deep energy efficiency renovations.

If you are young and earn a big salary, an RRSP will reduce your personal income tax and you have time on your side for those investments to grow.

Reduce the rent.