I want to go larger multifamily or commercial one day but with the rates going up it might be better for me to wait for wait for rates to drop and 1031 exchange later Rents going up though isn't exclusive to the bay area, that's a nation wide thing right now...I agree appreciation is higher (dollars wise) here but there's also other places seeing hefty appreciation but on a percentage basis.Certain places here make it really hard to raise rents on existing tenants and next to impossible to screen in a meaningful way...and then worse case an eviction you're going to be in for more then a headache.For context, a KC property I'm familiar with has nearly doubled in price over 6 years (175k to close to 350k today).

Seller wanted 210, but willing to accept 152k so far, but I have yet to break the 147k valuation based on current occupancy.Work needed:remove 24 old trailerslandscaping on vacant lotsupgrade infrastructure to connect lots to wells if leaks present (vacant lots make big unknowns)infill with used single wides (figure 10 per year for 3 years to fill all 31 unoccupied lots)pump or repair septic where needed (DD TBD)bring online 2 additional wells for redundancy and connect to existing lotsPost infill NOI after 3 years is about $47,500 based on lot revenue of 81,000 (75% occupancy).

I can easily flip, but I know this is going to go much, much higher over the years. overhere , diff between listing PSF and max(ARV/highest comp) can be as wide as $400 difference in psf.Actually I like the media now that they're pumpin news we're going to recession so they sell in a panic lolI would buy again from the bottom 

Curious if anyone has any experience on lending for a double wide mobile home on 1/2 acre lot.

One suggestion...if you do buy a "click" variety save yourself torture and make certain the edges are wide enough to "click" together easily. 

I am not licensed in MS, but will see if anyone in my network is and has access to this same lender.A few quick questions:Are you looking at a double wide, triple wide, single wide, etc...?

We manage properties all around the twin Cities and the rent drops seem to be based on neighborhoods, not a metro area wide drop.

The problem may come up from what year was the mobile home including single wide or double wide. 

I feel when I Google something it’s such a wide range ex 1100-2500 and it’s not specific as to 1 bedroom 2 bedroom etc thanks in advance for any help

Account ClosedDenver's huge, and the rents vary widely.