Every block is different and some are definitely dicey, but there are some inexpensive properties that can be turned around and offer some appreciation potential.

I asked him to show me the damages and among others he pointed to the driver side mirror which was broken off but when I looked closely, the area was all dusty and dirty which means that it was an old damage.

I am conflicted on what is best as I see good and bad to doing either.In park name - easier to manage administrative work, ensure taxes are paid, easier to recover if owner walks away or quits paying park rentIn buyer name - they pay taxes, if home is damaged would seem to limit park's responsibility, no insurance costIf value of the homes is an issue, the mobiles in question are of low value $2-10K ea.Again, looking for the industry best practices on this.Thanks!

If the vacancy rate is higher than 15/20%, it means it's one of those boarded up blocks, and thus I tend to look the other way.

and also go through the time it takes to sell with an agent days in the market (DOM) tell the average amount of time it takes to sell a house with an agentSo it’s costs money and it costs timeColumn 2, renting it out with a property manager, there are risks and rewards A property manager cannot guarantee cash flow so you can make your bank payment A property manager cannot guarantee will be no damage in a property manager does not keep an eye on the property that much, maybe once in a while so if there’s an eviction you have to pay for it and if this damage you pay for it if there’s no rent coming in, you have to pay the mortgageColumn 3, I generally talk about seller financing in generalthere’s lease to own and owner financing Lease to own you turn the property into an investment property you are landlord and you have to pay the mortgage your to pay maintenance and taxes and insurance hopefully the behavior of your tenant buyer versus a regular tenant is better, money on time, no damage the tenant buyer wants to buy the property the tenant buyer most of the time does not cause you trouble as the landlord the buyer wants you the landlord to give them a good recommendation when they try to get the mortgage down the road; they need their landlord to give them verification of rents (VOR) Owner financing with sub2 means you’re selling the property and the owners have a deed it’s a little bit like contract for deed where you pay on a contract, and you can either finish the contract or refinance contract and pay off the existing financing___________________________________________________How to buy subject toit’s important that you read this next sentence,I DONT BUY SUB2 UNLESS ITS A PERFECT HOUSEwhat’s a perfect house?

As of yet it hasn't been an issue other than blocking my getting into the garage with my car. 

hi liz. yes, i have dealt with foundation issues on houses. i use them as a means to get a discount on the price when buying. i bought a house a couple of years ago with the exact issues you are talking about. i got a good deal, used the post method to stop the further damage to the foundation and sold the house. i do not recall even one potential buyer mentioning the foundation issues. if there was one, my realtor never mentioned it. personally, if i saw a house with foundation issues that have been fixed to stop the issue, then there really is no issue. if the deal suits you, lowball your offer based on the foundation issue, buy the house, fix the issue and sell the house. i doubt you will have any problems

Can I afford to pay an additional 5% of damages in case of a hurricane?  

The appraiser is mistaken about water damage.

You will be able to buy it back cheaper after the damage.