Interesting story today in BusinessDen about how less than 3 percent of Denver's Airbnb hosts have applied for a license with only eight weeks until the law goes into effect.

That, I'm fairly confident, won't happen in my lifetime.  

I have heard previously that the active member can take it and the passive members can't or that it can be divided up differently than the ownership percent, things like that. 

He obviously expects a good return, but I feel this is an opportunity of a lifetime that I never expected.

Make your offer according to what makes sense to you, offer an honest earnest money deposit, and also state that you want owner financing at x percent for x years.

As a lifetime RE investor of both site (stick) built and MH's I can tell you first hand that I've never lost $$$ on MH's in these areas and I own and will continue to buy and sell them until I graduate to that big MHC in the sky (God willing).Buying on the cheap may sound good to a lot of folks but in the big picture it doesn't always turn out so good.

Even if there is a 10 percent vacancy rate AND there is a significant CAPEX, your gone be making enormous cash flow with 20% down.I obviously don't know the local market there but I'm curious how these deals are even available and why local real estate investors aren't gobbling them up.

What kind of percent is reasonable or acceptable?

About 90 percent of our county's auctions are listed there.  

I had one client who insisted on setting his rental price at least 20 percent above the comps in a C area simply because he thought he could get it.