Quote from @Geoff McFarlane: We bought our current home in 2011 for $97k.

Explore insurance options as well!

Then, if you are not satisfied with what you find, you can explore other options, but for now, I would find out what is happening on the ground face to face.Best of luck - Chris

I bought my first two liens over the counter and was able to foreclose on both and made out very well.

Some of the manufactured home companies have a modular home option, I know Clayton does.

Quote from @Chris Seveney: Quote from @Jeffrey Farkas: I bought a property in a foreclosure auction.

(Then we’d just start a commune, I guess.)The Setup: Living My Best (Small) LifeI bought a 2BD/1BA home with a private efficiency studio.

We bought it for $399k, and it’s now worth about $650k with $250k equity.

If you're looking for appreciation, Columbus is one of the better options in Ohio. 

Plus new folks do a very poor job of screening the buyer for Ability To Repay (ATR) which involves pulling full doc and calculating the borrowers DTI, honest income, honest debt payments, prior debt payment histor (FICO) etc etc.Plus shockingly (or shocking to sellers) if you bought this investment house, fixed it, then are selling with financing you are selling "inventory" and y9ou owe taxes on the gain in the year of sale, you are NOT able to use installment sale to spread out paying taxes.