Doing some preliminary scoping online for example...the following is straight off the MLS…2010 Todd St Greensboro NC3 beds / 1 bath asking price 65,000Taxes 785Seems like it could bring in 700 / monthThose familiar with this market...is this a horrible area, do homes rent out easily, is this somewhat typical? 

Here are some preliminary numbers I ran: 260K FHA no repairs and current rents on left, 300K 203K, reno and higher rents on right: % Down Payment 5.00% 5.00% Down Payment $13,000 $15,000 Remainder of closing costs $3,000.00 $3,000.00 Total Due at Signing $16,000 $18,000            Mortgage Rate 4.60% 4.60% Length of Mortgage in years 30 30 Monthly Mortgage payment $1,266.00 $1,461.00 Taxes $386.00 $445.00 Sewer and Water $50.00 $50.00 Trash $50.00 $50.00 Heat/Utilities $ - $ - PMI $ 180.00 $ 208.00 Cap Ex and Ops $200.00 $200.00 Insurance $65.00 $75.00 Mgmt Fee $165.00 $165.00 Vacancy $132.00 $132.00 Total Expenses $2,494.00 $2,786.00     Unit 1 $500.00 $700.00 Unit 2 $900.00 $1,100.00     Total Revenue $1,400.00 $1,800.00     Cashflow/month ($1,094.00) ($986.00) Cashflow/year ($13,128.00) ($11,832.00) Cash on Cash Return -8.42% -6.57% I have not talked with the seller in detail yet, as I want to see if this is worth a deeper dive first. 

Id wager 20$ that there is some defect with the park.  

Now when you play video poker you don't automatically get free drinks, they have an electronic system that will only allow you to have a free drink after you've wagered enough.  

If you're still just in the preliminary phase and just trying to acquire a base of knowledge, this site will give you all the info you need.

They're my go-to sites for doing initial, preliminary research on a property. 

Does anyone utilize a checklist when taking calls from prospective sellers in order to maintain consistency and gather only the needed preliminary information? 

usually you get the preliminary title report with in 3 days of opening escrow,why was the liens not discovered then ,but so late into escrow?

Here is some preliminary information I received (I don't think anyone would mind me sharing this):  "Our current RF meter prices (only offered to our submetering service partners) are $65 for interior application and $95 for exterior applications.

Question,   should I put the money up to have it surveyed and create a preliminary planned development?