@Jay Hinrichs is right, most of the one off investors are looking for very high yields and the discount you will take all depends on the interest rate, LTV, pay history, quality of the underlying collateral etc. 

Thanks,CédricHere are the details for both policyA) Statefarm policy: Quote effective date: 04/11/2018Term: 12 Months COVERAGE DESCRIPTION LIMIT/DEDUCTIBLE PREMIUM A - Dwelling - Fire: $ 171,900 $ 222.00A - Dwelling - EC: $ 771.00A - Dwelling - VMM: $ 24.00 Other structures: $ 17,190B - Personal property - Fire: $ 0.00 Deductible: 2% Deductible Fair Rental Value (TDP-017): $ 1,200 $ 65.00 Cap on losses from certain acts of terrorism (TDP-820): Yes DISCOUNTS/SURCHARGES LIMIT/PERCENT PREMIUM Claim history discount / surcharge: $-216.00Volunteer firefighter assessment: $ 0.00 TOTAL TERM PREMIUM $ 866.00(Note I can get 1% deductible for $1,064)B) Lonestar policy [though United P & C (UPC)]

Eastern AveHenderson NV 89052United States

Thanks In the simplest of terms, all things being equal, assuming you aren't carrying debt against that sale of your property, you could count it as income to be used for qualifying on a subsequent purchase however, you would have to show this income on your returns and, you would have to (in most cases) show at least a two year history of it and, a two year stream of it continuing (Your note would satisfy that component).

There are a ton of consumer protections, and now you're a mortgage servicer in the most over-regulated era of the mortgage industry in all of human history.

Virtually no lawyers or trial level judges in Alabama understand this distinction, because it is rooted in convoluted legal history and is subtle.Here is my forum article about Alabama tax sale redemption rights:  https://www.biggerpockets.com/forums/70/topics/181968-alabama-tax-sale-redemption-rights

Do check out their employment history and verify income.  

Local economy, major employers, crime rate by area, appreciation history, default history, possible environmental hazards.

Moreover, I often turn to the county appraisal website for the transaction history of the properties.

@Erin Deasy, Welcome to BP.I just took a look at the sales history for this property and really can't tell you why the sales price is so low.