Quote from @Michael Santeusanio: Investor question:What cash-to-close percentage do you typically see on your projects?

You can’t buy “10 pads” inside an RV park unless the land itself is legally subdivided.What you can buy is either:A percentage ownership of the entire park, orA long-term lease or master lease over a section, but not the land itself.Here’s how it actually works in the real world:1.

Hi all — My wife Ashley and I are exploring purchasing a turnkey, already-operating short-term rental (Airbnb/VRBO) before year-end.Target budget: <=$300,000Preferred markets: Tyler, TX or Little Rock AreaMust-have criteria:• At least 12 months historic payout data (Airbnb/VRBO)• Furnishings included or negotiable (already in operation)• STR legal / permitted (HOA or city OK)• Good guest-review profile (4.7+), low guest-drama neighborhood (we’d stay there ourselves)• Timeline: Clean close, turnkey transition, quick start.We’re not just dreaming — we’re ready to move quickly if the right property shows up.

He anticipates the payout to be close to $4 million.

Quote from @Paul Azad: Don't know anything about them but per my calculations they are taking 27.2% of the capital appreciation on the New Braunfels deal at the end per their projections which seem optimistic in this oversupplied environment, (Austin MSA with largest new multi-family projects coming out this year in the country ,8% of total existing stock and already seeing rent rate declines of near 10%in the city so far) and they are taking a big chunk of the monthly cash on cash as the preferred payouts for their 3 different classes are well below the projected cash on cash total.

I don't like using percentages for those numbers because a house renting for $1,000 is going to have the same (or more) capex and maintenance expense as a house renting for $2,000 that's the same size/age.Vacancy you are usually good with 5% and property management will be 8-10% depending on location/rent of the house.If you are new you will likely have an inspection contingency with your offer, so you can re negotiate or back out of the deal if after the inspection things aren't looking as good on the property as you anticipated.If cash flow is your main focus though, you may want to look at multi family over single family.

Is this something that has been done before and what percentages do most property management companies use?

Will see if I can find it & tag you.Split fee: Today, a 3% host fee is deducted from your price to calculate your payout.* In addition, guests pay a 14.1% to 16.5% service fee on top of your price.

There’s no universal percentage adjustment for land size because appraisers don’t treat land value as linear, it’s market-sensitive.

I was wondering though lets say someone wants to sell but not completely could someone buy like a percentage of there park ?