Leaving out auction and foreclosure costs for a second, when you write that check for $220k the trustee is going to pay BigBadBank the $175k they are owed first, then he's going to pay LittleBadBank the remaining $45k, and you will get a clean title as the process is going to wipe the slate clean.

If communication is an issue, consider getting everything in writing or checking reviews for more feedback.

Check with your state licensing board. 

I highly recommend checking out the book Turn-Key Revolution by Chris Clothier.

It will be easy for you to check if they paid on time, as you can check instantly online.  

A place that is easy (and hopefully) inexpensive for you to travel to a couple times per year to check in on things.  

Finally, double-check local demand and rent trends in the area to ensure the pro forma income is achievable.I’ve worked on several mobile home park deals as a broker and am currently helping a few clients sell their parks, so I know how important it is to ensure the numbers make sense both now and in the long term.

I do the umbrella policy and will check with my carrier.   

@Philip Anderson I'd recommend checking out @Baird King's meetup in Santa Barbara and @Kevin Aranha's in Ventura. 

https://golfwhitehawk.com/ JIm  just check this out  and this will answer your question  .