That's a pretty wide open question.

The debris has been removed but the bottoms of 2 single wide mobile homes are left.  

So kind of a wide range there.2.

Double wide on a city lot, nice neighborhood and price is more than great, foresee any issues with this reo buy?

After the fire the place was wide-open.

There are many more out there, and pricing and structure varies pretty widely.

(apprec. valley wide is something like 9%)

Yes my real estate background is limited but I am a business owner of 10 years that subs a lot of work out to wide range of people.

I provided 65%of ARV  ( country wide or Wells pre approval) in that 65% was enough to pay for the property the rehab and profit for the provider doing the acquisition of the asset and marshaling the rehab..

It's hard to generalize from state to state, as what is a customary and acceptable practice, like writing contracts varies widely from state to state.