So in light of recent events the chances of a smart seller doing their own financing may improve over past practice.Another form of seller financing is called a Contract for Deed. 

@Jeremiah StrubleProfit/Loss Statement from the last 12 months (also known as the trailing 12), last year's P&L, and rent roll/occupancy with lease start/end dates.Then ask what improvements have been done over the last five or ten years and what needs to be done in the next five years.These are decent conversation starters if you can get all of the answers. 

It sounds like you're already going in the right direction by working a stable job and improving your credit.

You would buy the home with 10% using hard money, improve it and refinance the existing lien using the new appraised value( will the lender allows using the new value on a R/T refi without a waiting period).  

They also weren't the best to communicate with but this was during quarantine so maybe its improved. 

We are planning to put $300k in improvements.

We had some narrow lots and the older homes were the only ones that would fit on those, with the local setback rules.Echoing what others say, most municipalities aren't excited about a MHP in their town because a MHP is not considered "improved" land, and therefore is not taxed at the "improved" rate.

Improved property and moved to new location.

Capital Improvements upon closing What was the outcome?

Purchase price: $165,000 Cash invested: $40,000 Sale price: $273,000 Purchased off-market property and completed a renovation to include the following: minor structural repairs, minor changes to floor plan, complete interior painting and floor refinishing, gut and redo kitchen, various landscaping improvements, deck repairs, all new hardware and light fixtures.