I want to buy it and build a prefab home 3/2 around 2k sq ft.   

Investment Info:Single-family residence buy & hold investment.

This is like buying any other property, it is valued at whatever the market is.  

Investment Info:Single-family residence buy & hold investment.

Hi: Carsyn, I'm in Oklahoma, curious to know what your platforms buy box is for SFR.

Consequently,  there's rarely enough of a deviation in price between these auctions and what you can buy on the MLS/elsewhere with full diligence capabilities to make these transactions worthwhile. 

I buy to rehab and turn into rentals so Pinson, Pelham, Bessemer are a great fit for the areas and returns I'm looking for.

Here are additional comments:1) Buying out of state removes any local knowledge you have from assisting in your success, including knowing areas, people and costs. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.

I use Foremost for my mobile home investing business with the properties I buy and hold.

We said we would buy as-is and take care of all the trash ourselves.