Sounds straight forward but in practice, i am kind of nervous even doing such a thing because of the unknown.

So it is not bad, but I just wonder is it worth it? 

I'm wondering if we should move on to looking out of state even though we'd prefer a rental close to home.

But if you find a property that seems pretty straightforward, just finance the purchase. 

Excuse me for (previously) wondering why your rehab costs should be hard to find - but I now see from your updated numbers that a hefty rehab budget is needed; is justified.

Also, I am wondering if offering a 4% fixed 30 year for owner financing with 10% down is reasonable or laughable? 

He wants a lot for it, just wondering if I were to make an offer what you think a good deal would be.18 units all park owned2.5 acresSmall Landry area ($250mo)Well waterSeptic systemsUnits are old and run down $8500 per month grossAsking $790,000

We most definitely want to do this but are wondering if we should do that before acquiring or after.

I am wondering if this can be repaired (even temporarily for a few years) or does it need to be replaced?

I am wondering if anyone has bought any Occupied properties from auction sites recently.