I would love to get my hands on some fixer uppers in Baltimore, but it's not in the cards right now.

Jacob,The advice you are getting from this guy who is "in lending" is very vague and is not covering all of the fine lines that manufactured home financing requires.

Or the easiest is but an add here on BP.

Does anyone do an online application?

I'm having a hard time trying to find a bank that I can open a business account with online.

IMO, it all depends on your circumstances.

A national buyer would review the BPO and maybe do some brief online research, but would not typically not know, as in your example, about the sewage issues or extent of interior rehab needed.

 @Dominic Battagliac @Shawn Quigg Stumbling on this thread several years later.

He is older and does not have a mortgage and there is a lot of deferred maintenance on the property.

Start to evaluate deals based on the income approach and you'll do much better long term investing.