You are essentially buying a mobile home park with a couple of additional stick structures.

Essentially, the deposit has already been "spent" in your case, even if the tenant hasn't been officially informed about the exact balance used.Documenting and Adjusting the Deposit: What you could do is adjust the deposit amount to reflect the remaining balance owed to the tenant, after accounting for any damages or missed rent.

I was in RE for many years so google is the first place I start my research :-) It's a great tool.

This is essentially the spot I am personally in now.

Hi Duncan,Great to see your interest in preforeclosures—and you're right, it's an area that requires a bit of customization, which is why you won’t find too many calculators or tools that cover every scenario.The reason is pretty straightforward: there are just too many variables involved.

Essentially, underwrite your deal with conservative assumptions, add 6+ months vacancy and one large capex item.

I started leaning into tech tools and systems—not just to keep up, but to create real improvements in how work gets done and how people experience their roles.Living in places like Virginia, Atlanta, and Chicago showed me how strong economies are built.

I think a tool like that might help investors make decisions, but I don't think it will actually help them make money or be more successful. 

Valuation rich but equity poor. we looked at one portfolio recently that claimed to have $15M and $11M in loans but the issue was the $15M valuation was based on 90%+ occupancy and not one building was at 90% so they were at 100% LTV essentially. 

However, they require credentialing — you typically need to be a licensed private investigator, attorney, or a collections-related professional to gain access.Another solid choice is IDI Core, which is similar to TLOxp and offers powerful data tools.