My main concern though is, is it even possible/wise to strike a deal for owner financing when a home is in the beginning stages of foreclosure?

This is the exact strategy "gurus" use to get people to pay thousands for a course.BP is a valuable resource, typically people who post here offer value or have a real question/concern they need help with.

Again my concern is using funds to their optimal potential, sometimes that involves some hair splitting.

I want the neighbors to voice their concerns and show them how the design evolves with their input. 

So, what I have concern with- that hopefully someone in the vicinity of the issue can aid me.

Seems like the agent may be more concerned with getting a larger commission than giving you a fair price and a chance to show your perspective with the seller.

My main concern with that is tenant quality.

My only concern is that I make very little money since I spend most of my time in university.

I would also advise contacting mobile home companies within your state and ask their opinion regarding any other concerns you have.

When Homeaway began to restrict the ability for owners to see the guest's email address or telephone number I was worried that because I could not talk to the guest when they initially inquired (as was my procedure) I would end up having to cancel bookings because the guest might not meet my requirements (age, number in party, non-smoker, no parties, etc.)