If you don't have financials, you can calculate the expected NOI by multiplying the number of occupied spaces currently paying rent by the monthly lot rent, then multiply by 12 months, subtract the expenses, which can range from 30-50% depending on variables, so use 40% for your back of the napkin analysis.

Once the construction was complete, we would want to either sell or refinance and take the cash on to build a dream home elsewhere.Comparable sales prices would be in the $450K to $550K range. 

I pretty much always do $25 - $50/year increases to help keep the home at market rents (rents range from 1100-1600), but it's not so much at a time that it either incites them to move or causes too much stress on the tenant.

Get in touch with a realtor and have them help you start looking for viable properties within your price and location range. 

There are deals on the MLS, but you've got to look hard to find them and know what you're doing.You haven't given a price range you're looking in, so the $100-150/month return doesn't really mean anything.

Hello everyone, As a follow-up to this post, here are some websites that have been rolled out to help you raise your objection: https://www.ipa.com/section138...https://ritaus.org/save-my-ira...https://www.handsoffmyira.com/ 

There are three common ways, one is to do it strictly on an hourly bases, another is lump sum (usually based on their in-house calculations on who needs to work on it and how many hours they think it will take to complete) and lastly they could do it as a percentage of construction cost (usually in the 5-10% range, could be more).  

Hey JosephGreat job pulling median rent for both 4/2 and 3/1 to see what the range of rental prices are in the area.  

Here is my two cents from what you've provided; In general, your ranges for rehab, acquisition and ARV are way too broad- this could either be a great deal or a terrible deal, depending on where you landed within those ranges.

What is your primary objective with the rental?