I upped my offer by 3k, wrote a personal letter with a family photo, (did this because when speaking to the listing agent I found out the tenants cried when they learned the current owners were selling, so I knew emotion might be in play and wanted to let them know we are a young local family that care about our tenants). 

The jobs growth, outside (foreign and domestic) investment, and ambitious new Big Picture plan (including some really cool live-work-play focused ideas) are all GREAT indicators.

Kids will be out of school in the next few weeks and in general, most people prefer to move during nicer weather.Glass half empty- well, you could probably come up with many assumptions yourself but I would stay positive for the next couple weeks and see how some of this plays out.

I am sure you have to work a good bit to unearth the value plays, but how hard is it to just buy a 100+ lot park on CW&CS if you are wiling to pay a market rate for the asset and can qualify for the financing that is generally available?

How would that play out?

I have not, seems like an interesting idea (for desperate people) you are still looking at 12% interest and god knows what kind of closing fees and sneaky number plays they do through the process

Speculating on property values going up - especially in today's market - is likely no less hazardous than trying to play the stock market.

She and her husband is dead.....I checked the county website and the daughter now has possession. 

If you want to play lawyer, that's your prerogative, but realize you've come to Club Wolfpack dressed as a sheep by asking this question here.

As for cash reserves, that can vary based on the age of the property, condition, location, etc...but I've always hear $10,000 per property (scales down per unit if you buy multiple) is a decent starting assumption.Flipping is active income (not bad for building wealth in the short term), buy/hold is more passive, and cash flow is great (playing the long game)...military installations often come with a decent amount of buy/hold opportunities due to the housing allowance service members receive.lower end is okay...if the neighborhood is.