My gut feeling and research is telling me the sellers did a poor job on the breaker panel and wiring.

I'm doing tpc compliant texting to motivated sellers to book appointments. 

Hello everyone,My name is Matt Rulnick, and I am a Residential Real Estate Agent in Charlotte, NC.I was just introduced to this forum via an Investor Client, and look forward to getting acclimated and interacting with ya'll.If there is anything I can do to assist prospective buyers and sellers in the Charlotte, NC area, don't hesitate to reach out.Matt RulnickMatt.SearchCharlotte.com

It is a mobile home and I was able to get seller financing for half of the purchase price. 

This gives you a foundation for making a fair offer.Secure Financing: Be prepared to show you’re a serious buyer with funding lined up, whether through cash, traditional financing, or a creative option like seller financing.Have a Strategy for Repairs or Development: If the property is distressed, outline how you’ll handle improvements to bring it back to productive use.

Most sellers are looking for 70-90% of the legal payoff nowadays no matter where the property is located, which in many cases is well above the unpaid balance. 

The beach has taken about a year and the jungle house will take about 4-5 years because we are paying off some seller financing with the revenue from the short term rentals.I would say that I can definitely make more money investing in real estate in the United States than in Costa Rica.

Seller purchased in 2018 for $250K.

In future if you are refinancing I would sometimes look to pay a higher purchse price but have seller concessions to bring the price down on paper but not for comp purposes. 

Seller (also the agent) purchased it in Jan 2023 for $730,000.