I'm just looking for more ideas, not to sell this to someone so that they can lose.

If they are too slow getting everything completed and they lose the unit to someone else, so be it.

Unless the interest and improvements racked up enough to cover the additional $10,000 paid by your partner over the auction bid price, your partner would lose $10,000 on a redemption.

And congratulations on venturing out and starting your own management company.Typically, this will range based on several factors - a couple of which will be: 1) your vendor relationships and, 2) your property management software.

Hi I would like some advice on marketing a large development property in Costa Rica the owner wants to sell it outright not a joint venture..where could I find a developer or buyer for this property?

Even then, they are typically conservative in their valuation of the homes because just like an automobile, MH continue to lose value as they age.  

I say this, this business will never be all the same, you will win and lose but at the end you will strive and move on to the next one.

I say this, this business will never be all the same, you will win and lose but at the end you will strive and move on to the next one.

At that time you'll have more data on what is current market rent, which may be higher or lower than what you are assuming now based upon a single competitive rental.But being $100/mo below market rent may be no problem (worth it); if you've got a good (trouble free) tenant - as you can easily lose many times that in a turnover.

If you have any investors who would be interested in purchasing or doing joint ventures, if you send them out here I would be happy to pay a referral fee of 25%.