I won't get there if I just let it sit there gaining .1% in the bank.Let me know if you have any other questions.

The owner told me he owes $60k but house is only worth $40k the way it sits.  

So unless your all CASH  you maybe sitting there looking at deals with no ability to buy them.. thats what happened 08 to 2011 to 2012.. you could not get an investor loan to save your life..  

When you see the rent #s vs the sales price #s, it will make your head spin in many many cases.   

@Chris k Yes, I do recall hearing about the Judicial and Upset sales.

It's not necessarily sitting on a website of a HML. 

@Steve Morris I thought the same, but after reaching out to local banks that finance MH and all local dealers they won’t finance anything unless the buyer owns the land it sits on.

When I look at it I mainly look at cash flow because appreciation is speculation and I know if my cash flow is good I can sit on that property forever.

We actually schedule date weekends specifically for us to send the kids off to the grandparents and for us to sit down and discuss our current/future goals along with role check-ins.

True, there are worse "crappy" houses But just having it sit there for 4 years so far.