I’ve seen two practically identical homes in two different parks just a mile apart vary in price by 75%.Depreciation is exactly what makes mobiles a great buy in some situations.

@Ryan Dossey  If you approach someone who has lived in a house for thirty years who heard of the RE crash and thinks their property is not worth much and you play on that to get a lower price then you might be on the border of theft, morally if not legally.

There are many privacy laws coming into effect due to the large number of identity thefts. 

It look like ID theft in the making.Joe Gore

It's civil - not theft. 

Hi Eric Dubrule The property has 3 units, roughly identical, with 3 bedrooms, 1 bath, 1100 sqft each.

Better come up w a scenario that is nearly identical to yours.

I'm trying to find my first deal but it is proving very difficult in the Ft Collins area because of a red hot market here.

Davis about  Memphis because I have a client from Austrialia that bought 4 homes .. its been a nightmare.. vacancies thefts..

Both side want to sell, but I don't want to own two entities I want to own one property with one mortgage and one tax identity!