Depending on where it is and if the County, City etc has inspections or license requirements you may not even be able to rent.

I think having enough funds and a good home inspection and contractor that you can trust is a much in the  beginning otherwise you are just gambling.

The comps indicate MAO maybe $115k at best, owner asking $175k... (5) I'm thinking of structuring an LOI with contingencies - comps, inspection (mobile homes could have termites), funding, back taxes paid off, audit of REC amortiz paydown (6) Tenant reached out to me for help via an investor network I belong in.

Good news for you is you qualify for VA 100% No money down.Apply that 100% financing and seller contribution towards closing costs and all you pay if the appraisal, termite inspection and possibly nothing more out of pocket. 

Since you are using Roofstock this is what inspections are for. 

Being charged a fee to inspect properties, using sub-par vendors that do subpar work, PM taking too long to evict tenants, lack of care in general4.

Also,  is an inspection done for inside the home too? 

It states:"MOVE-­‐IN INSPECTIONThere will be no formal “move-­‐in” inspection when you take possession of the unit.

Once those plans are approved you can do any necessary work and after the final inspection is approved you can file for a certificate of occupancy.

So don't fall for their lies.3- I will secure and pay directly for ALL due diligence documents that the PML requires to make their decision (i.e. title search, inspection reports, etc.).