Good point Sam, but with just a little more effort many of those hand-up folk could probably skip the MH and move into a conventional home, lots of non-profit housing entities and low/mod income programs.

4) In my analysis I have a vacancy loss, management fees, replacement reserves (repairs and maintenance), property taxes, insurance, PMI, and utilities.

Just curious @jscott why would you rather sell at a loss than rent for positive cash flow.

You may also need to install remedial beams across the piers to support the floor slab that was designed to be supported on grade but will now be suspended in the air as the soil settles under self weight but the building does not.

Hello:Is there a link or site with information pertaining to available loan programs for investors who 1. have outsdtanding credit 2.

If you're staying local, I recommend checking local university MBA programs as many business programs have a concentration of real estate.

I use video to explain the program.

Loan originaters must be starving there..... was that a fannie mae or freddie mac... or another program?

I don't know if their development plans will require them to provide additional parking to make up the loss, but if so that could work in our favor, i.e. they might like to get some additional ROI on that expense.

Obviously, the construction crew who replaced the roof felt that it was strong enough to support their weight, the plywood sheeting and the shingles.