Check for redemption fee which can be costly....https://www.bankrate.com/landing/cd-rates/?

Looking for some info as far as deal quality and things to watch out for.Price: 149,900Units: 12More info:9 lots occupied. 8 of which are park owned.3 vacant lots and room to add 4 more.Ad claims 42,000 a year in gross income currently (with the 9 occupied units).I believe that makes rent/fees income equal to $500/month per unit.Wondering what sort of stuff to be wary of when reading ads like this.

There has to be room for closing costs, carrying costs, repairs, profit for the flipper, and your wholesale fee.

You pay an HOA fee and it covers electricity, maintenance, utilities, etc.

Last time my lawyer checked the balance it was about $400,000 with lawyer fees included.

Anyone know the best way to find out which units are delinquent on their HOA fees?

Tenants stop paying it.If you really want to expand it, setup a fee to wave the deposit.

closing costs is a super general term that could involve all sorts of line items, so you really need to break down what fees and expenses you want to /  your lender will allow to be financed, and what you have to pay in cash up front.I prefer to pay as much as possible up front, and usually I pay 100% of any Loan fees and closing costs at the time of a purchase or a refi. 

See if you can figure out what everyone else did.Every so often you might find a hidden and over looked gem, or see some value that others missed.

In that situation, should I pay any fees to the agent?