In exchange, he signs a new note and deed of trust with the exact same terms as what is remaining on the CD.Btw, speaking only Spanish in most of Texas is no disadvantage when it comes to buying real property as every title company has Spanish speaking personnel and every major real estate and mortgage broker does as well.  

I just like to know where people are motivated. 

"Real Household Income" and "Real Median Rents" spread across the entire country doesn't capture the intricacies of local markets, of rising income in the SF Bay Area (or Portland, OR, etc.) driving higher investment and rent.However, the point remains.

Perhaps if it was called a "move in fee", or something along that line, it would be okay though.My concern would be there would be less motivation for the tenant to keep the place damage-free, or pay the last month's rent, because they'd know they weren't getting any money back anyway. 

As long as it remains a mobile home park, I think the zoning rules that apply should be the ones in place when it became a park or whatever the variance at the time allowed for.Maybe there is someone here with more expertise that will weigh in on that.

Well the great socialistic republic of Oregon has just about killed value add with state wide rent control  Hah well, that will have to remain your problem in the great socialist State of Oregon.

Im very motivated and would like to ask you guys this..This year.. 

When that happens and the original loan is paid off, won't the bank send a check to the original owner for any amount that still remains in the escrow account?  

Basically, the mortgage remains in place, with the buyer making the payments.There are scenarios in which this can be beneficial to the seller and the buyer, but this is definitely an advanced strategy that should only be attempted after serious training and using solid paperwork.If you search here on BP for "subject-to" (or "subject to"), you'll find plenty of forum and blog posts on this topic.

You need to create listings and then send them to the PM.Incentives:  How much longer will this property remain vacant?