Or, is there some distant cousin that's going to show up with a valid claim that they had some ownership and were not properly compensated? 

I have often heard people say they are looking for $200-$300/month in cash flow on a property and thought that wasn't enough of a return, so I feel validated now! 

When a MH is worth less than the cost of transporting I think there are valid reasons to say that it is in effect worth $0.

@Caleb Heimsoth  Good point, that validation indeed ought to go both ways.

Ask the utility, out here Edison and our water, and gas companies have programs for landlords where the bill will convert back to your name when someone cancels their service, it is great. 

@Michael Le, @Michael Niemeier, @Bill F.According to the Greater Houston Partnership, despite a negative 10,000 in domestic population in Houston in 2017 (mainly due to oil/gas job losses), there was a positive 43,000 international and a net positive 33,000.

When that happens the price paid has to go down for unknowns that cannot be validated correctly.

Today I got notification from Gas Company that the service on the property has been shut off 2 days ago per tenant’s request and it’s now under my account because I have a continuous agreement as owner.

You will Have to get to the US based offices of Ocwen, not the overseas people you will initially be dealing with, and it may require some payment to them to make this happen...they are not legally bound to give you this release, regardless of how much you paid the owner, since they have a valid mtg.You May have to threaten/file an action against the seller to motivate them to cooperate, if they gave you a full Warranty Deed.If the mtg now with Ocwen was placed After you bought the property, and recorded the deed, it is Not valid. 

Valid point I suppose, but that is assuming they are right about us being at the top right now.I think if a deal matches your criteria and you know you'll be safe in a correction, buy it.