If you’re purchasing with financing, you’d have to find out from your lender if they’ll finance you initially at the $220k valuation - typically your initial loan amount is based on the purchase price not the market value.

When you're buying for $25-30k/door, that doesn't typically result in 700-credit score tenants.  

I typically buy and hold and am also looking to get into wholesaling.

What is the typical rental cost for the plot/site that the mobile sits on and do you add that into the renters cost? 

What is the typical rental cost for the plot/site that the mobile sits on and do you add that into the renters cost?

GRM may be valuable to indicate value based on an Income Approach, but my understanding is that a Comparison Approach (comps) is typically used for 2-4 unit multi-family. 

I suppose I was wanting to understand what is the typical required hold time to show rent stability in order to get favorable rates at the time of cash out refi.

Key points are a) no bank qualifying (lease optionees usally have some money but damaged credit); b) low down (not a typical house downpayment of 10-20%); c) they can become homeowners.

So figure another $2K for advertising, hassle, painting and "other".Since I'd be re-selling it on my typical deal, I figure I can get $100K-$110 for it.

Insurance companies typically offer deductibles between $100 and $5,000 (I always get the highest).