It has central heat and air, 1200 sq ft, and a restroom.

I'd put in a nicer kitchen with drawers, rather than shelves for the lower cupboards, and probably install in-floor solar hot water heat and hot water system, and have tile installed.

Then it's officially yours.This is why you need Carlton Sheets course so you can learn all these basics.

Basically, if the place doesn't sell right away I want to have protection in that I won't get stick with rent AND a mortgage - hence why I want to move in.

Now if you put a property into a Inter Vivos Land Trust and then assign your LLC as a beneficiary then your trust is basically a dry trust already and provides no protection.

It basically walks you through how to analyze a property (i.e. cash flow analysis) and discusses some due diligence stuff.

Basically you buy a MH for about $5K or less, put a little bit into fixing and resell it on "$1000/ down, XX/month payments.

The other realtor said all the plumbing, wiring and heat and air are all in working condition.

local library - Foreclosures for Dummies (absolutely no pun in tended) - it's just a basic starter guide to foreclosures.that's a very competetive area.word to the wise - when dealing with foreclosures or REO's - you need money to put down and there's no real screwing around - you need up front financing (highly recommended).

Learn the basics and don't be afraid to pull the trigger when you run across a good deal.