Yes, there is profit to be made in the area, but I would still like to get an idea of what to expect for planning purposes.Am I overthinking the scenario and should take heed to his judgement, or should I push to always get comps?

Just to be safe, I had them do a quick search for any judgements, loans or back taxes.

Last week we had the civil hearing at the MDJ and tenant was awarded partial judgement for about 300 bucks plus court costs.

Read and listen to everyone you think is relevant, and then use your own judgement in creating a plan to follow based on what you feel is important to you.Keep in mind that there are two ways of learning: from your mistakes or from someone's else mistakes and that it's faster and cheaper to learn from somebody's else mistakes.I can tell you from experience (mine and my mentees) that is best to get paid while you are learning the business and especially if you learn from the best.Start working as a part time RE assistant for the top Realtor in your area, or for a construction company or a management company in your area.

Or is "sheriff sale" for judgement?

We want him to obtain 100% ownership of the home (mobile home with land and mortgage), but it seems as though I will need to go through the succession process in order to receive a judgement of possession and then donate my interest back to my step father. 

I don't believe it does any good to have a co-signer if they are from a different state because if you get a judgement, you won't be able to cross state lines with that judgement to attach a lien against any property.

You have to be very careful making judgements, HUD will tear you a new one if someone has a case.

thanks @Jean Norton I noticed there's a lien/judgement on the property I wanted to put an offer on ($16500) from the town.

We always try to get a tenant to agree to what Ahmed described, which is a signed eviction order with the judgement stayed until the date the tenant agreed to leave by.