Originally posted by @Steven Picker:@Branden Miles she doesn't own the lot she is renting, find out what the lot rent is and how the price she wants for the home, simpleAs Steve said, the building owner is "renting" the site, but the nature of the lease will be key.  

You 100% need a thick skin to manage rentals there.Tips for managing rentals in Camden - You always have to keep your eyes on the ball.

They have more skin in the game then you do.Make sure you get clear title.

It will reflect natural willingness to visit. 

It is just me, so a duplex or something of that nature would truly work.

@Einat MenasheThe matrix below may help with terminology and comparison/contrast across the various property types, the information is general in nature and there are of course exceptions:So based on the matrix above, your question:Is it correct that the ARV for small multi-families is based on your NOI and Cap Rate?

Natures Miracle

@Jordan MoorheadAs a Minnesota (temporarily a Wisconsinite) I've subscribed to the cabin religion my whole life and my near-retirement parents are trying to understand how to afford their own to retire with (religion makes us do crazy things ;)As near as I've been able to good naturedly guess, the cabin love is what you get when you mix the seemingly universal desire to travel with the home-body reserved demeanor of Midwesterners.

I think the nature of my question is more from the lending side.

Some national ones tend to have higher rates as they usually do not know areas block by block.Local hard money lenders might have lower rates as more intimate knowledge of the area.HML lenders wants skin (money) in the game otherwise the first sign of a problem the rehabbers tend to quit.