Then you need to back out renovation costs to make the property habitable and back out a 30% profit margin a MS that will give you a basis for the property itself to serve as a max offer.

I think there's a bad habit of folks simply saying "evict, evict, evict" without really having the details of a situation, or fully understanding the painstaking process and fees which can be associated with evictions. 

I did not receive any sleep that night and I had strongly felt that the new management had failed in its number one priority: to provide a secure living space for its residents which is protected under the implied duty of habitability.

Understanding debt component is vital to deal-making as it will provide you with the confidence in your financing to give the seller assurance you can close the deal. 

Seems like you started prioritizing and that will be vital going forward.

I'd say he ran into trouble from poor spending habits and a scam that cost him any savings he might have had. 

Some items to check include: electrical, gas plumbing, heating and air conditioning, floor, roof and anything to make the mobile home habitable and functional.Once the home is ready to move in, then you can start to market the mobile home.

So it's vital you have an investor minded agent on the ground who can help you make a good buying decision.

Account Closed I prefer to not share pictures but I happy to discuss :) The property is worn down a bit (paint on trim needed to be scraped off and redone, broken fence in yard, minor things inside the units, etc.) but habitable. 

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