What is your MAO formula on such properties?  

Longer term, one has to like the notion that the 50 billion permanent fund may be the stabilizing force, with some sort of use of excess earnings or endowment formula to put a backstop in price drops......I see a few local condo prices lowering and days on market look longer here (all anecdotal) but your fourplex may depend on the local rental market, and if that softens, maybe you can find  a deal in the next couple of years and with a ten year plus time line and positive cash flow it may work well if you can hold through the low oil price cycle...best of luck

Flip2freedom episode 77http://www.flip2freedom.com/a-3-step-formula-to-a-... - LISTEN TO THIS TODAY!

Some times I look back at my real estate investing career and reflect - it really wasn't easy (glad I had a wife to support me when things didn't go as planned) - the seminars - the courses - the books - all the good advice and the useless classes - it seems as if I was always looking for and chasing the next secret formula to real estate wealth - the short cut to the big profits - it was like a big game TRIAL AND TERROR!

There is no magic formula like 70, 75, 80, or 85% of the ARV.  

I love and will forever value the lessons I have learnt by not having the successes hoped for in this program- I have come to the understanding that anyone that has the secret formula for wealth creation with “none of your own money” (which is not true because everyone who has ever made a deal using his system has had to fork out $100’s-$1000’s extra for the unknowns, but his psychological stab at you is that “it’s minimal compared to what the deal is worth” and can make you feel ungrateful...lol), wouldn’t reveal it without a significant return on the education component of that process which in reality has a success rate (the number of students who get deals) I believe is minimal.

It's easier and quicker to use formulas in business than reinvent the wheel.Cris Chico's system makes it easier, because in the event that I ask someone for money, I don't have to ask for nearly as much as I would for one of my big business schemes.As for joining his network for $997, I'd buy the book first and see if I could get the startup costs significantly under $1,000, and if I couldn't, then I'd save my skrilla and join his network.

They don't just mark it up by $10,000 but instead use the formula above.

When I do the square footage wall to wall, using the designer drawing measurements, I come up with 574 total.I'm trying to determine if my feelings are correct that this space is worth more as as self-contained rentable space that could either be used as a MIL suite, or man cave compared to simple square footage with all the components.Of course, the added bedroom, bathroom and laundry are key components...but I'm not so sure about the sink, fridge, and convection oven adding that much to it.Is there a known formula that I can apply to this scenario? 

From Dave and Frank'/s boot camp the standard valuation formula based on NOI (as apposed to value Don used)(lots paying rent) x 12 x (rent (lot or home rent) x (expense factor see below) = NOI.expense factor if 100% lot rent is: 0.3 or 30%, expense factor is at minimum 0.5 for park owned homes.