What is the hold period/debt assumptions?

Bryan,Just so I have the basic assumptions correct this is a 10 space park with one current park owned home renting for $950 per month and 9 other unoccupied homes each in need of significant repairs- to the tune of 100k in total per the seller's estimate. 

A couple other key assumptions that I would advise "kicking the tires on" before moving forward:1.

But for simiplicity’s sake I bid/buy based on market rate assumptions. 

Complete proforma with assumptions for all income and expenses. 

Being on a fixed SS income, she may have more rights than you realize.Raising rents isn't going to do much good because it isn't like she can pay more (this is assumption, she could be a millionaire living below her means for all we know).Raising rents or having her leave, you are going to look like the bad guy.

Let's also say that the property is occupied by a tenant who will be vacating in 30 days and I'm willing to leave it vacant for up to 120 days as needed to complete the assumption process.

My assumption is if 2nd floor patio door has overhang coverage, that’s a hard/steep angle of direct rain intrusion above the sliding door.  

They often make worst-case assumptions, which can lead to always seeing the worst-case scenario and missing out on good opportunities.

@Hans Baum Seller can potentially lose that portion entirely if new buyer goes into foreclosure or short sale, so most who will even consider an assumption usually require a buyer who can go through proper VA assumption process and substitute their entitlement.