Require at least annual proof that the policy is still in full force and effect and require the insurance company to provide notice to you at any time the insurance premium is unpaid.Indemnity and Insurance; Escrow Accounts.

This will not impact my local market, where the higher end houses are flying off the shelves, so to speak. 

There is no lending de minimis federally for homes being sold by someone who did not live in, or inherit the home.John Ferdo maintains a list of rules for dealer's licenses which has no impact on lending rules, unless the titling authority in the state also does not allow unlicensed seller financing of titled manufactured homes.

I am treating the new primary as an investment opportunity as I believe I can force appreciation of at least 250K with about 80K of investment.  

This is a trust tax designed to level the playing field so that tax-exempt entities do not drive taxpaying business out of business when they substantially act like a comparable commercial business.Because of this tax impact, flipping houses in an IRA may not be as lucrative as most folks think since the common assumption is that everything an IRA does is wholly tax-exempt.  

Doing this forces you to think everything through first.

I truly appreciate the sacrifice that those in the Army, Navy, Air Force, Marines, and National Guard have made and paid to defend our freedom.  

We prefer distressed properties for numerous reasons such as increased returns through sweat equity/forced appreciation, and what we fill will be lower long-term maintenance as our properties have received significant if not complete remodels.

Sure, you can force some equity by raising rents, but you should purchase based on current numbers, and save any value-add for yourself, not the sellers.Good luck,Troy

The borrower (or someone claiming under the borrower) can force the current owner to sell the property back to the borrower at any time within one year after the foreclosure.