So far, that has panned out once, but the house wasn't really worth what they were asking, and it has been almost a year and they still have not listed it for sale.

If it doesn't pan out as a rental property I could choose to live in the property or I could sell it and get at minimum 80% of my money back honestly I could flip whatever I bought if I choose too.

If so, then holding for another 5-10 years could pan out.

Don't jump from the frying pan into the fire.

Like George said I would highly consider doing that if this doesn't pan out.  

As you pan out and look at the sales data from the last 3 months or most recent quarter, you can start to make interpretations about sales activity and sale prices and listing activity.

To say that this place is a "dump" is an understatement :roll: I wasn`t in the place more than 5 minutes, before I locked it back up, and left, thinking to myself that the mobile is a lost cause, and that only a clean-slate/replacement approach would be viable(read: bulldozer time)I had bough the property at an online auction, and it definately looked quite a bit worse in-person, than the pictures would have me believe.

Hello @Alice Pan, welcome to the site!

I was given a recommendation for a HML from a fellow investor and that guy doesn't appear to be panning out.

If you want the deals others MAY not be paying attention to, you need to search using methods that others aren't using.As far as using your agent, I would be careful about sending them on wild goose chases and offering on dozens of properties, of which most will not pan out.