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

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.

The sale would come with the vacant mobile.

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

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

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.

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

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

Remember, wholesaling is a sales and marketing business at its core.

Most investors try and take advantage of the Primary Home, Secondary home program without concern.When you buy too close in proximity and too soon in terms of sale date you trigger red flags.