When his Dad retires, his income will be derived from his pension and/or 401k plus social security.

Upon inspection of the mobile home to be in clean and good condition and verification of lot rents paid, no further legal action or judgment shall come against you.

When I do the move in, tenants sign a condition statement that includes "smoke detector batteries were replaced on 9/1/12 and all smoke and carbon monoxide detectors were tested and found to be in working order".

A lot of FHA underwriters won't approve my sale for at least 12 months under these conditions, so it would have to be a fantastic deal for me to consider this scenario and take this risk.

David,From an appraisers standpoint, the best and most reliable comp for your property in its present condition is what your property in its present condition just sold for yesterday.

When I do the move in, tenants sign a condition statement that includes "smoke detector batteries were replaced on 9/1/12 and all smoke and carbon monoxide detectors were tested and found to be in working order".

They never said they would PROTECT R vs W, they said it would be the adminstration policy, which also means that IF a bill for personhood ends up on the Presidents desk, he can and probably would sign it as Romney said along with Ryan that the court should not be making that decision (meaning the legislature should be setting social order).

Infrastructure: Type & condition of roads, water, sewer, electric lines.

Their opinion was that fair market is broad and could be lower or higher based on many factors: condition, long term versus short term, knowledge of the pending foreclosure going into the lease, etc.

Va loans are awesome, but there are a few caveats - the property has to be in really decent condition - not necessarily sparkling clean, but 100% "habitable" as is.