There is zero demand from owner occupants and little to no demand from local investors. 

Once you buy a few the deals start coming from all places you wouldn't expect.I met a business owner in town and became friends.

@Richard Bautista Out of state Section 8 rentals is a transactional fee collector where everyone eats except for the owner.

What we typically do during this time of year on our owner occupied non performing loans is not perform any legal actions between thanksgiving and christmas. 

Conventional non-owner occupied loan. 20% down.What was the outcome?

Hi real estate friends,My wife and I recently bought our first home in Co springs area close to garden of the gods and other attractions in the area. to no surprise our interest rate is a whooping 7.1%, the main house...

Hey Jerryll,Apologies as well, to clarify my post, the property is currently still with the owner (off-market) and I reference the information on the MLS since it is the information that's currently available to the public, so just providing a frame of reference to support the info in my post.

How did current owner finance the property or were they unable to finance the property due to the encroachment and was this information withheld in disclosures? 

Elimination of title means that the owner has made the mobile "permanent" by removing the wheels, placing the mobile on a foundation, putting skirting around the mobile and filed the correct paperwork.

The area tends to be more owner occupant friendly rather than renting.