In most cases, Buyers in other areas want to buy at 70 percent minus the repair costs but there are exceptions for example, In LA, due to the saturation of wholesalers, you can easily find a buyer at 80%.

Remember, the perfect deal does not exist.

While selling our existing home.

You nurse your existing sphere into a spider web of options.

People will tell you the market is too slow, too hot, about to crash, or too saturated.

Or just stick to the existing lease?

The market in NOLA is saturated with both investors and realtors.

Rough numbers below:$53000 (appraised value) X .75 (LTV) = 39750 (Loan Amount)- $3000 (closing cost on refi) - ~$28000 (existing loan amount)= ~$9000 (cash out back to me)All in all, this property was a FAIL.

If you handle it correctly the park will most likely do business with you again.There are a lot of fine points to being successful in the mobile home business that don’t exist in regular real estate.

There are two components of management for you to consider: onsite and offsite management.As it relates to onsite management, the common and most generic strategy is to interview the existing tenants to find a capable, trustworthy, willing resident to be your manager.