If the guy is just this side of a crook, then he'll reject any deal that would allow the buyer to make money.Here are the numbers as I see them: (notes here)Mortgage Rate 5.00%Length of Mortgage in years 15Monthly Mortgage payment $1,601.36 (195k principle)Taxes $125.00Sewer and Water $300.00 (I don't have a clue how much this costs where you are, but this is about what it would cost me to run 9 units)Trash $200.00 (I have 7 units on a $150/month dumpster)Heat/Utilities $- (Are there any common lights?)

@Ryan Kolodzej Hey I'm brand new as well and it's good to see someone else as newbie as me searching about mobile homes.

Looking for some investors to network with in Mid Missouri and St. Louis Missouri Area. Does anyone have a contact here so that I can get a lead on a personal mentor?

There was one Podcast that was 2 hours long, basically it was a sales pitch but hey I got a lot of info just from the podcast alone for HUD Forclosures when a light bulb went off (I think my wifes overhead light blew out lol)over my head and I said Aha, checked out the info and figured out the rest without paying the $550 fee that he was requesting for his stuff, I just wish I had his spreadsheet for Excel lol...I am not that good at Excel lmao or I would've figured out that part on my own as well lmao....

Staging: we lightly stage the home.We bought this house for around 52k put 40k into it and sold it for around 135k it was on the market for less than a week with multiple offers.This past year we have done close to 100 flips.

How old is the building, your maintenance looks light.Closing costs might be light too.

Has anyone bought brand new construction multifamily properties before for rentals?

If you wanted to create a brand and market yourself as a company then you could create an entity as well.

The ARV number is light is my point for the NW side right now.Are you sure it's not on the West side?

It takes comps to make them see the light.