This leads to issues with refinancing and could leave you with less equity or higher debt than anticipated.

Purchase price: $45,000 Cash invested: $48,000 Purchased this mobile home for $45,000, as-is value is $150,000.

I’ve been able to find the buyer of the property taxes information.

From what I've read, all I need to do is fill out a Quitclaim Deed, sign in the presence of a notary, and record it with the county clerk where the property is located.

Is this how you purchased your other rental?

I have analyzed the hold option prior to closing to make sure that if I decided to hold, this deal would cash flow.

Hi Omar, glad to have you as a part of this awesome community!

This is the part a lot of newer investors miss, but if you find a good neighborhood where very few properties trade then there won't be a market for you to find (or even know how to evaluate) a "good" deal. 

I think you are overthinking about this.

I believe I still owe 240 Have you heard of this thing called Zillow?