We plan to convert the sale proceeds into multiple properties to create passive income. 

Eventually went to Goodwill for my clothes, ate bologna sandwiches for lunch for years (I don’t/won’t now, lol), cut my own hair (still do, because I don’t have a lot of it anyway), we refinished garage sale furniture and sold it, we shoveled driveways, then got into online sales of dvd/blurays (still do it) weekends and nights sending stuff out.

The conversion from resi to comm + the added income could drive up the value dramatically.Your only real hurdles (in terms of proceeding with production) are zoning and permitting.

It’s a cash sale to auction.com and they are simply looking for proof of funds.

The sale would come with the vacant mobile.

Purchase price: $120,000 Cash invested: $110 Sale price: $125,000 This is a great deal for a fix and flip.

The comparibls tool needs tuning by removing dis-similar and old sales. 

I will track properties up until they are pending sale on Zillow, Redfin, etc, but I can never seem to find what the property actually closed for.

Lots of issues to consider like title insurance, due on sale, comingling of funds, IRS red flags etc. 

I assume since most people don't have any money the "sale" is for the equity strategy.