If the homes are all individually titled and being transferred you may also need a mobile home broker to assist with the transfer paperwork.  

Many out there simply make their meat off of fees and never or rarely make a loan.....indication of a scam. :)

Hey Jeff - what do you think about using the military BAH figures as a rent indicator?

Perhaps it is just the surge of the spring market, or perhaps its an indicator of values on the rise.  

I’m joining BP because after listening to a majority of the podcasts and reading a few of the books recommended by the guests on the podcasts, I realized I’m missing out on surrounding myself with individuals in the real estate community and the wide array of knowledge BP provides.

As @David Semer said, the community is such a great source from the webinars, blogs, and podcasts to every BP individual and their help.

You need to analyze each property individually, then determine if the package deal price is actually a good price.   

Proposed deal:$15k down$135k purchase price$15k loan payoff feeOwner financing 1-yr balloon with 20-year amortization at 5.5%Our PM charges us 8% of gross rent as a monthly fee.The problem that I'm struggling with is that the units are not individually metered, and the rent includes all utilities.  

They want the deal (there first lean position) to protect there money and not the individual..

The interviews are great individually, but the real magic is hearing the repeated concepts and observing the common threads.