SFR with a manufactured house

[Anne Dahl]

Hello everyone,

I've got a property that I'm interested in. It's in CA so my strategy is buy and hold for appreciation and cash flow at retirement. It has a dated 3/2 SFR that has been maintained beautifully and a nice clean 5 year old manufactured home on a slab, both sitting on a half acre lot. The problem is the appreciation part of my strategy. I have two questions:

1.  How can this property be accurately appraised?  I know what I would like to pay, and what they want, but I don't think anyone knows what it's really worth.

2.  What happens to the appreciation when you add the MH into the equation? One is going up while the other is going down....????

Thanks 

Anne