Also, once you pull up the floor, you see the plumbing, frame, tie-downs, etc... which can uncover a whole new list of problems.I would LOVE to get back into the MH business, flipping homes, but I have enough Florida Park knowledge to know that a deal too good to be real is just that (see line 1 of my post).Feel free to shoot me a PM with the park and I may be able to provide you with some additional ammo if you decide to proceed. 

Perhaps you can educate us and I mean this sincerely.Wholesaling often involves an investor "tying up" a property with a purchase contract for a fixed amount of time, subject to certain contingencies.

@Pedro Oliva the most important thing is to remain within the boundaries of the law.  

The PR is someone to just sign, transfer, sell, etc. the property to satisfy the debts of the estate and then transfer remaining assets to the beneficiaries.

I know purchasing property you always run a risk - but we have paid about $2k for the home inspection and the appraisal - not to mention all our time/ money has been tied up in this house for the last 2 months (so im sure there are other houses we missed out on).  

Regarding the primer I hope you are aware that in California that if the correct amount of the security deposit is Not returned to the tenant that they can sue the landlord for the return of the security deposit, all court costs and expenses, and the judge may award the tenant the remaining amount of the security Plus up to 2x twice the amount of the security deposit if the Judge determines you withheld the security deposit in "Bad Faith"http://www.courts.ca.gov/1049.htm

Let them know you are happy to work with them as much as you can, but only they can guarantee that their credit will remain intact by ensuring you have no reason to send them to collections and they cause no damages that their deposit doesn't cover.

If an owner were allowed to remain in the property after a short sale, the banks feel like it would promote more fraud/misrepresentation on the borrower's part in order to do a short sale.  

It's tied up in probate and no one knows when it will be cleared.

Then the pref going forward is paid on that remaining principal amount, right?