All the comments and your progress so far are truly encouraging ☺ Thank you for sharing keep up the good  work and congrats on the baby.I'll be my son within a couple weeks.

I need assistance evaluating the land that a mobile home is sitting on, the lots are zoned for multifamily, the property is just outside a mobile home park.

If the Trustee is in charge, they likely already obtained some RE evaluation report, whether a CMA, BPO or appraisal and have a notion of how much they will sell the home for.

This gives you the deal evaluation skills that you'll need before putting your own capital at risk and gets you momentum.

IMO such a 70% rule is only useful when evaluating properties under $150,000 after rehab value

Novice question - If I have a deposit down on a property through a real estate contract and am in the process of securing a loan with a finance company, with the loan application submitted and being evaluated, can I tell the loan company that I've changed my mind?

So could things like the PRO Membership here to help locate properties, evaluate properties, etc.... or other software for book keeping etc... be funded through my SDIRA?

Hope that made sense ;-)One other thing I was wondering is how much my personal net worth makes a difference when a lender evaluates these things?

The next thing we do is evaluate where the rents are, and how the park I am evaluating compares to other parks in the area and what I plan to do with it.

Originally posted by Tyeesha Bradley:The quality of the leads probably, on our letters we probably get maybe 5 calls a week and most of those aren't motivated to sell or if they are, they owe to much to property taxes - it's also really difficult to see if a property is a deal or just a waste of time.If you're not sure if something is a deal or a waste of time, you can post it on the Bigger Pockets site and there are a number of people available to help you evaluate it.