It is a mobile home that sits on its own land.

The deals are really so sparse that you can sit and wait and wait and wait for the right deal in a specific neighborhood or you can look at all potential deals across the Metroplex and beyond.  

Despite paying fees, doing a deal and making some profit is better than sitting on the sidelines. 

Just closed on one for a client over the hill in Reno, NV, that was sitting on the open market and they took an aggressive offer. 

If you kept the property, and accumulated the CF/yr, it would take you 25 years to get that same equity that's sitting, frozen in your property.Also, if you cashed out and used that same equity as a DP on different RE, at 20% DP, that equity would buy you $2M in PV, not just $700k,...and, I'd be willing to bet, you could find new RE that would have a yearly CF well over $20k/year.On top of that (remembering my initial statement above), any appreciation applied would be applied to $2M, not just $700k. 

One of the REPS cases (I forget which off hand) they were basically like...petitioner states they spent 8 hours on X date supervising painters at the property and we find it highly unlikely that anyone would sit and watch paint dry for 8 hours. 

That would be around $90,000 sitting in a savings account!

Something about acting on unconfirmed information really doesn't sit well with me.

Sellers are offering incentives like paid closing costs, and with homes sitting longer on the market, buyers have more room to negotiate!

We read what you said and we understand it entirely aside from the false accusations you tried to make in your paragraph.What do you want us to sit here and go back and forth with you on every single detail?