But purchase-and-sale agreements are boilerplate.

Purchase price: $25,500 Cash invested: $10,000 Sale price: $69,900 Quick Fix & Flip.Property was completely deserted & the family was indecisive about their plans for the home after a recent passing.

You'd need to come up with the seller's equity (the difference between the loan balance and the sales price). 

Quote from @Charles Tunnell: I am not an attorney; however, this is CYA in any real estate sale.

For quick and easy, typically check the property sale records and MLS for residential.

Purchase price: $65,335 Cash invested: $32,301 Sale price: $197,500 Was my second BRRR investment but ended up selling the property to move into a larger one.

Worst case scenario is where a seller does a lipstick on a pig repair such as just parging over it and then not disclosing the issue because you might get the sale price but open yourself to future liability when something happens. 

When they have a sale they can't handle, they refer that seller to you for a fee.

I'm getting more and more FB ads in my area for mobile homes for sale. 

If you sale in 5 to 10 years you recapture?????.